Gold futures ease back as investors await jobs report

Gold futures fell on Wednesday, giving back a portion of the gains seen a day earlier. Gold will continue to "consolidate" until this Friday's U.S. labor market report, said Edward Moya, senior market analyst at Oanda. "After Friday, Wall Street will have a good handle on when to expect the [Federal Reserve] to make a taper announcement," he said. December gold fell $2.10, or 0.1%, to settle at $1,816 an ounce after ending Tuesday up 0.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Gold futures ease back as investors await jobs report
Gold futures fell on Wednesday, giving back a portion of the gains seen a day earlier. Gold will continue to "consolidate" until this Friday's U.S. labor market report, said Edward Moya, senior market analyst at Oanda. "After Friday, Wall Street will have a good handle on when to expect the [Federal Reserve] to make a taper announcement," he said. December gold fell $2.10, or 0.1%, to settle at $1,816 an ounce after ending Tuesday up 0.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.