Gold Sees Corrective Pullback Amid Bearish Outside Markets

Gold prices ended the U.S. day session moderately lower Thursday, after poking to a three-week high in overnight action. A corrective, profit-taking pullback was featured after decent gains were scored earlier this week. Also, safe-haven gold was dented as world markets were calmer Thursday and showed much less risk aversion than the previous two days. December Comex gold was last down $8.60 at $1,115.00 an ounce. September Comex silver was last down $0.086 at $15.39 an ounce.

Source: Kitco