U.S. gold futures climb as dollar weakens vs euro

Newswire

NEW YORK, May 23 (Reuters) - A weaker dollar against the euro sent U.S. gold futures higher early on Wednesday after the previous session's decline, but reduced physical buying from India could hinder the precious metal's upside, analysts said. At 10:11 a.m. EDT (1411 GMT), most-active gold for June delivery on the COMEX division of the New York Mercantile Exchange was up $2.70 at $662.60 an ounce, moving between $657.50 and $664.20. "Basically, we are following the euro tick to tick for ...

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