Gold Futures Decline, But Off Lows

June Gold futures are trading lower by $2.70 at $1226.90 per ounce in Wednesday's session. The contract reached $1233.8 in after-hours trading before reversing course.

The ensuing decline found support ahead of the pair low lows from Monday ($1215.70) and Tuesday ($1216), only reaching $1218 before staging a rally. It has yet to reach unchanged on the day at $1229.60.