MW: Gold edges lower after upbeat U.S. economic data
By Myra P. Saefong
SAN FRANCISCO (MarketWatch) -- Gold futures edged lower Wednesday after data showed growth in the U.S. economy in the fourth quarter and a better-than-expected Chicago PMI reading. Gold for April delivery GCJ2 -0.07% traded at $1,785.80 an ounce, down $2.60, or 0.2%, on the Comex division of the New York Mercantile Exchange. Prices had gained $13.50 on Tuesday after a two-session decline.
