Gold ends lower Wednesday but intraday rally shrinks loss

gold-ends-lower-wednesday-but-intraday-rally-shrinks-loss

Gold futures closed lower Wednesday, but the precious commodity finished above a psychological significantly level, after steeper losses dragged it below $1,800, a level it has struggled to hold above since November. February gold GCG22, -0.31% GC00, -0.31% lost $5.10, or 0.3%, to settle at $1,805.80 an ounce, but had fallen to an intraday low at $1,789.10 before mounting a mini recovery.

Source: Marketwatch

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