Gold Futures Lower For Fourth Day In A Row

August Gold futures are trading lower by $4 at $1268.50 in Wednesday's session. It is trading lower for the fourth day in a row, falling from its June 16 close ($1298.40) to its current level.

In the after-hours session, the contract found resistance just above Tuesday's close ($1272.50), only reaching 1273.50 before reversing course. The ensuing decline has taken the issue beyond Tuesday's low ($1267.30), reaching $1263.60. So far, the rebound off the lows has been capped at $1271.40.