Gold Market Update : Epic Research Singapore

Gold futures settled lower Monday for a fourth session in a row, as the expectation that the Fed could raise interest rates as soon as next month drove precious-metals prices to their lowest levels since late April.

June gold GCM6, -0.27%  fell by $1.40, or 0.1%, to settle at $1,251.50 an ounce, with prices logging their lowest settlement since April 27. Last week, gold futures lost about 1.6%.

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