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Gold Fields (GFI) Stock Down on Lower Gold Prices

NEW YORK (TheStreet) -- Shares of Gold Fields (GFI) were retreating in late-afternoon trading on Wednesday as lower gold prices weighed on the South African gold miner.

Gold for December delivery was sliding 0.39% to $1,351.60 per ounce on the COMEX this afternoon.

The precious metal pared some of today's earlier losses after minutes from the Federal Reserve's July 27 meeting indicated that officials were split on whether to hike interest rates soon.

"The markets are definitely confused," Bob...