Gold futures reclaimed the $1,100-an-ounce level on Monday, as a drop in oil prices, losses in the U.S. stock market and weakness in the dollar supported the move in the yellow metal.February gold GCG6, +0.45% tacked on $9, or 0.8%, to settle at $1,105.30, building on last week’s 0.5% gain, but ending below the session’s high of $1,108.90. Prices settled at their highest level since Wednesday.
March silver SIH6, +0.01% gained 19.7 cents, or 1.7%, to finish at $14.254 an ounce.
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