Gold ended the U.S. day session modestly lower Wednesday, on a mild downside correction following sharp gains Tuesday that pushed prices to a six-week high. Today’s price action is still impressive from the bulls’ perspective. February Comex gold was last down $0.90 at $1,231.40 an ounce. Spot gold was last down $0.50 at $1,232.50. March Comex silver last traded up $0.056 at $17.19 an ounce.

