US gold eases in holiday trade

30 Dec, 2009

US gold futures turned lower in quiet trade Monday on weak buying sentiment, as bullion investors stayed on the sidelines with European and other major metals markets closed since late last week for Christmas. Gold futures for February delivery down 60 cents at $1,104.20 an ounce on the COMEX division of the New York Mercantile Exchange by 11:10 am EST (1610 GMT).

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