Gold futures settled slightly higher on Monday as stronger-than-expected U.S. economic data dampened earlier gains sparked by escalating violence in Iraq. Industrial production rose 0.6% in May and manufacturing activity in the New York area held near a four-year high, with both reports topping forecasts. August gold GCQ4 -0.52% added $1.20, or 0.1%, to end at $1,275.30.
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