2014.02.2606:31:48UTC+00Gold grips to Halloween highs amid dive

Gold prices relaxed just fractionally on Wednesday, taking a little breather from the metal’s stable attempt on higher ground despite relentless economic concerns. The most recent call to buy came from sluggish home price profits in December.

Gold to be delivered in April sank $1.70 to $1,341.00 per ounce in electronic trade, still precise on where it was at its October 30 peak. March silver surged down 6 cents to $21.90.

The other day, gold prices stretched their winning gains, battling off early weakness to keep its four month highs following the consumer-sentiment report reflected confidence waning. That uptick made for the 13th time in 15 sessions the most active contract ended higher.

In metals trading, April platinum slid $4.50 or 0.3%, to $1.438.10 per ounce, while March palladium slipped $1.65 to $734.45 per ounce. High-grade copper to be delivered in March glided at $3.26 per pound.