SAN FRANCISCO (MarketWatch) -- Gold futures slipped Wednesday, pulling back after gains over the past two trading sessions, but prices finished well off their lows of the day amid upbeat prospects for investment demand. "It is good see Thomson Reuters GFMS predicting gold to reach a new high in the first half of this year, and acknowledge that the fundamentals, which have driven gold so far, remain in place," said Jan Skoyles, head of research at The Real Asset Company. February gold settled at $1,683.20 an ounce on the Comex division of the New York Mercantile Exchange, down 70 cents, but recouping much of its earlier losses after touching a low at $1,673 an ounce.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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