Actually Gold futures news: according to preliminary data from the CME Group, open interest in gold futures declined for the third straight day on Tuesday, this time by about 5,000. Trading volumes, meanwhile, rose after a three-day decline, by about 45,800 contracts.

Gold still looks capped at $1,800

The price of a troy ounce of gold rose to the key $1,800 level on Tuesday, but then retreated and ended the session with moderate losses. The fall came amid declining open interest, suggesting additional losses are unlikely for now.