Gold futures retreat on Wednesday as the safety bid that had recently carried gold past the $2,000 per ounce to their highest intraday levels in a year faded. Read More...
Gold futures slipped on Wednesday, with the most-active contract likely to post a third decline 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.
Price action
Market drivers
Gold prices softened on Wednesday as the U.S. dollar strengthened and banking-sector fears continued to ease, market analysts said.
Risk…