Gold Attempts Recovery with Marginal Gains

After consecutive declines this week, gold prices rose on Wednesday, but remain far from their level prior to the recent correction wave.

Gold futures for December delivery gained 90 cents, or less than 0.1%, to close at $1,805.50 per ounce.

Meanwhile, silver futures for December delivery added 6.2 cents, or 0.3%, to finish at $23.362 per ounce.

The yellow metal most-active contracts have declined by about 3.3% since the beginning of the week, while silver prices are down by about 4%.