Gold futures finished with a modest loss on Wednesday, with prices shaking off early gains. The precious metal saw a “very brief spurt of safe-haven buying” on initial reports Tuesday of an apparent wayward missile landing in Poland, said Brien Lundin, editor of Gold Newsletter. Poland reportedly said Wednesday, however, that there is no indication that the missile was an intentional attack. Gold now seems to be “simply digesting its recent price rebound, awaiting the next catalyst,” said Lundin. Gold for December delivery GCZ22 fell $1, or nearly 0.1%, to settle at $1,775.80 an ounce on Comex.
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