Gold prices also felt some selling pressure Tuesday from the fact Asia is celebrating the lunar new year this week, which has curtailed physical demand for the precious yellow metal coming out of that region.

FORBES: Comex Gold Ends Weaker On Profit-Taking, Corrective Technical Pullback

Gold prices are also feeling some selling pressure this week from the fact China is celebrating the lunar new year this week, which has curtailed physical demand for the precious yellow metal coming out of Asia.

FORBES: Comex Gold Weaker On More Profit Taking, Consolidation