U.S. gold futures rebound early on bargain hunting

Newswire

NEW YORK, May 18 (Reuters) - U.S. gold futures climbed early on Friday after they posted sharp decline over the last two sessions, helped by bargain buying, higher crude oil and a rebound in the U.S. treasuries debt prices. At 10:16 a.m. EDT (1416 GMT), most-active gold for June delivery on the COMEX division of the New York Mercantile Exchange was up $2.20 at $659.40 an ounce, after trading between $656.40 and $662.20. Stephen Platt, analyst at Archer Financial Services, said that ...

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