Gold retreated on Wednesday as investors took profits following a strong run-up in the previous session in response to a global equities meltdown.Gold for February delivery GCG5, +0.08% slipped $2.60, or 0.2%, to settle at $1,229.40 an ounce. March silver SIH5, -0.10% rose 5 cents to $17.19 an ounce.
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