Gold futures settle lower on Wednesday as the safety bid faded after recently carrying gold past the $2,000 per ounce to their highest intraday levels in a year. Read More...
Gold futures on Wednesday logged their third loss in four sessions as the safety bid faded after recently carrying gold past the $2,000 per ounce to their highest intraday levels in a year.
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Gold traders looked to book profits Wednesday as futures prices for the metal failed to trade over the $1,990 resistance level, Chintan Karnani, director of research at Insignia Consultants, told MarketWatch.
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