Daily Gold Update

Source: Marketwatch

New York— Gold futures closed lower Wednesday, to tally a loss of more than $2 an ounce in a three-session losing streak as traders continued to gauge the metal's prospects for investment demand.

Gold for August delivery fell 50 cents to close at $674.60 an ounce on the New York Mercantile Exchange, retreating from an earlier high of $677. See full story.