Gold prices recoiled by around half a percent a session after jumping to the highest levels in around six weeks, as investors chose to take some profits off the table amid concerns that the Euro-zone crisis is still far from over as the G20 Summit was unable to finalize a bailout plan for struggling European Union economies. The yellow metal prices also were pressured by the appreciation in American greenback which made the bullion more expensive for foreign investors.Gold futures for December delivery receded $9 or 0.5% to settle at $1,756.10 an ounce, after trading as high as $1,766.50 and as low as $1,749.80 on the Comex division of the New York Mercantile Exchange, whereas the spot gold prices slipped $10.40 to $1,754 an ounce.
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