Gold retreats as stock market turns higher

San Francisco (Sept 10)   Gold futures reversed earlier gains and retreated Wednesday as the stock market moved higher. December gold GCZ4, +0.18% fell $3.20, or 0.3%, for the session to settle at $1,245.30 an ounce on the Comex division of the New York Mercantile Exchange. Stocks were pressured earlier but recovered steadily as the session progressed with the S&P 500 and the Dow Jones Industrial Average both trading up.

Source: MarketWatch

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