U.S. gold turns lower on profit taking


NEW YORK, Nov 28 (Reuters) - Gold futures turned lower in back-and-forth trading on Tuesday, a day after the metal rallied to close above $640, as profit taking offset short covering in early trading. Sources expected gold to continue to tread water as investors awaited Federal Reserve Chairman Ben Bernanke comments on the economic outlook later on Tuesday and third-quarter gross domestic product data on Wednesday. "Gold is a little soft here. We are taking a cue off the dollar and the ...

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