Gold pulls back but holds above $1,600
MADRID (MarketWatch) — Gold futures pulled back on Wednesday ahead of the opening of U.S. trading, with investors taking a breather a day after pushing the precious metal to its biggest one-day gain so far this year.
Extending earlier losses, gold for delivery in April (COMEX:GCJ3) fell $9.20 to $1,605.80 an ounce in electronic trading in Asia hours on Wednesday. http://www.marketwatch.com/story/gold-pulls-b...2013-02-26