Gold futures on Monday scored their first one-day gain in three sessions, but prices for the metal still suffered their biggest monthly percentage drop in more than two years as investors penciled in a Federal Reserve rate increase in December.Gold for December delivery GCZ5, +0.83% rose $9.60, or 0.9%, to settle at $1,065.80 an ounce. February gold GCG6, +0.63% which is now the most-active contract, tacked on $9.10, or 0.9%, to $1,065.30 an ounce.
Based on the most-active contracts, gold futures lost roughly 6.7% for the month of November—their largest monthly percentage drop since June 2013. The monthly dollar loss of about $76.10 an ounce was the biggest since July of this year.

December silver SIZ5, +0.89% gained 4.2 cents, or 0.3%, to $14.05 an ounce for the session, while March silver SIH6, +0.74% the more active contract, rose 3.8 cents, or 0.3%, to $14.086 an ounce. Prices fell about 9.5% for the month, based on the most-active contracts.
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