Gold Futures Retreat As Unease Wanes (GC in WSJ)

7 March 2011  Wall Street Journal

Wall Street Journal

Falling oil prices and anti-inflationary remarks by the head of the European Central Bank prompted investors to cash in on gold's record-high price.

The most actively traded gold contract, for April delivery, fell $21.30, or 1.5%, to settle at $1,416.40 a troy ounce on the Comex division of the New York Mercantile Exchange.

http://online.wsj.com/article/BT-CO-20110303-714273.html