Daily Gold Update

Source: Marketwatch

San Francisco— Copper was the biggest loser among the metals futures Wednesday, with its benchmark contract closing at a two-week low as a decline in U.S. pending home sales sparked concerns over a decline in construction demand for the metal.

Gold futures also declined on the heels of a two-session climb that lifted prices to their highest level since late July, but prices held their ground above the $690-an-ounce level. See full story.