Gold futures settled lower for a second session on Monday as strength in the dollar and a rally in equities drew investors away from the precious metals market.Gold for April delivery GCJ5, -0.36% shed $15, or 1.3%, to settle at $1,184.80 an ounce on Comex. May silver SIK5, -1.19% lost 39.5 cents, or 2.3%, to $16.674 an ounce.
“Gold is struggling with rally fade once again with the shine being taken off by prevailing dollar strength,” said Ross Norman, chief executive officer at Sharps Pixley.
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