Gold Prices Ease From $5,000 an Ounce as Traders Book Profits

Gold dipped below $5,000 an ounce amid a lack of fresh catalysts to support the market following a historic price plunge late last week. The precious metal has been in a listless pattern this week as traders look for the next big breakout and as they book recent profits. Prices are more than $1,000 below the all-time high hit on Jan. 29, but remain up more than 10% for the year. Most Read from Bloomberg Bullion on Wednesday fell as much as 1.9% to $4,853.67 an ounce as the dollar pushed higher. Earlier ...