Gold Futures Relinquish Gains as U.S. Dollar Rebounds

Gold futures settled modestly lower Wednesday as the U.S. dollar bounced back from yesterday’s slide. COMEX gold for February 2012 delivery – the most actively-traded contract – ended with a loss of $4.00, or 0.3%, at $1,613.60 per ounce. The yellow metal had climbed to as high as $1,643.70 in overnight trading, but relinquished its [...]











