(Photo: CGTN)

CHICAGO, Feb. 25 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange gave up almost all gains from the previous session in a sharp downside correction on Tuesday.

The most active gold contract for April delivery fell 26.60 US dollars, or 1.59 percent, to settle at 1,650.00 dollars per ounce.