Gold futures settled higher on Monday, as some disappointing U.S. economic data and a sharp drop in the U.S. stock market lifted the metal’s investment appeal ahead of a Federal Reserve decision this week on interest rates.Gold futures for August delivery GCQ5, +0.03% tacked on $6.60, or 0.6%, to settle at $1,185.80 an ounce on Comex. July silver SIN5, -0.30% gained 25.8 cents, or 1.6%, to $16.083 an ounce.
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