U.S. relief rally weakens COMEX gold


NEW YORK, Aug 18 (Reuters) - COMEX gold tumbled Monday as U.S. financial markets rallied on hopes that economic recovery was nigh and that damage from last week's blackout would be limited. Gold's safe-haven cache was dimming as the dollar rallied and Wall Street cheered in relief that the electricity in New York City was back within two days of North America's worst-ever power failure on Thursday. December gold ended down $4.80 at $359.90 an ounce, trading from $364.80 to $359.00. ...

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