Gold futures settled lower on Monday, suffering from their largest daily loss in nearly three weeks, as a drop in U.S. stocks prompted investors to sell the metal as they sought cash to cover losses.Gold futures for December delivery GCZ5, +0.07% gave up $13.90, or 1.2%, to settle at $1,131.70 an ounce on Comex. That was the largest single-day point and percentage loss since Sept. 9. December silver SIZ5, +0.29% also dropped 57.3 cents, or 3.8%, to $14.538 an ounce.
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