Gold futures settle lower on Monday, but silver took a bigger hit amid concerns over a slowdown in China’s economic growth.Gold for June delivery on Comex GCM5, +0.17% fell $9.40, or 0.8%, to settle at $1,193.70 an ounce on Comex. That was its biggest one-day point loss since April 9.
May silver SIK5, +0.38% sank 34 cents, or 2.1%, to settle at $15.889 an ounce. That was the lowest settlement since mid-March.
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