Global Equity Markets Pull Back A Bit

(Kitco News) - World stock markets were mostly weaker in overnight trading, on some profit taking and corrective technical pullbacks from recent gains. U.S. stock indexes are pointed toward slightly lower openings when the New York day session begins. U.S. stock indexes this week have hit record highs.

Gold prices are posting decent gains in pre-U.S. trading Wednesday, on some short covering in the futures market and bargain hunting in the cash market

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