Gold futures settled lower on Monday for a fifth time in six sessions as investors continued to gauge the likelihood of a U.S. interest-rate hike by year-end.But prices still logged their largest monthly gain since January as the market fretted over the recent stock-market declines around the globe.
Gold for December delivery GCZ5, +0.68% lost $1.50, or 0.1%, to settle at $1,132.50 an ounce on Comex. It saw a monthly gain of around 3.4%, which was the largest since January’s 8% surge.
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