Gold Weaker On Corrective Pull-Back

(Kitco News) - Gold prices are modestly lower in early U.S. trading, on a downside correction following decent gains seen Monday and Tuesday.  February gold was last down $4.90 at $1,256.20 an ounce. Spot gold was last quoted down $5.20 at $1257.25. March Comex silver last traded up $0.025 at $20.34 an ounce.