US gold lifted by weak dlr, chips at resistance

Newswire

NEW YORK, Oct 27 (Reuters) - Gold futures seesawed before and after weaker-than-expected figures on third-quarter U.S. economic growth on Friday, rallying back to close above $600 an ounce as the dollar eased on the data. December gold at the COMEX division of the New York Mercantile Exchange settled up $1.20 at $601.00 in a market equal parts bullish and uncertain. It traded above Thursday's $601.50 high and above bearish trend-line resistance, peaking at $602.50. The overnight low was ...

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