By MarketWatch
TOKYO (MarketWatch) -- Gold prices slipped in early Asian trading Friday, after soaring Thursday in the wake of a sell-off on Wall Street combined with continued worries about Europe's fiscal troubles.
Gold futures for June delivery traded down $8.10, or 0.7%, at $1,200.70 an ounce in electronic trading.
On Thursday, gold futures for June delivery traded up $22.30, or 1.9%, to $1,197.30 an ounce on the Comex division of the New York Mercantile Exchange, hitting a five-month high and approaching its December record high. See gold prices in Thursday's Futures Movers.
On Dec. 3, the most-active gold contract rose high as $1,218.30 an ounce, according to FactSet Research.
