Gold marks first loss in three sessions

SAN FRANCISCO (18/12) - MarketWatch -- Gold futures closed lower on Tuesday, falling back after a two-session climb as traders continued to mull the fate of the Federal Reserve's bond-buying program.

The central bank's policy announcement is due Wednesday. February gold shed $14.30, or 1.2%, to settle at $1,230.10 an ounce on the Comex division of the New York Mercantile Exchange. Prices had tallied a gain of 1.6% over the past two trading sessions. http://www.marketwatch.com/story/gold-marks-first-loss-in-three-sessions-2013-12-17