Gold Sees Some Profit-Taking Pressure From Recent Strong Gains

Gold is seeing a corrective technical pullback, some chart consolidation and mild profit-taking from this week’s strong gains that drove prices to a 12-month high Thursday. April Comex gold was last down $7.10 at $1,240.60 an ounce. March Comex silver was last down $0.064 at $15.73 an ounce.

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