US gold ends lower but up from 5-1/2 month low

Newswire

NEW YORK, June 27 (Reuters) - U.S. gold futures ended slightly lower on Wednesday but up from 5-1/2 month lows set early amid credit-market worries which prompted jittery investors to sell commodities and liquidate holdings in bullion exchange-traded funds (ETF). Analysts said they expected prices to stabilize in the near term because of support from physical buyers and renewed overseas investor demand. Patrick Fearon, precious metals analyst at A.G. Edwards, said that both gold and ...

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