Gold futures settled lower Monday as a stronger U.S. dollar dulled demand for the metal, which recently scored its first weekly gain in seven weeks.February gold GCG6, -0.66% fell $8.90, or 0.8%, to settle at $1,075.20 an ounce. Gold prices scored a gain of 2.7% last week, even as the strong U.S. jobs report appeared to add further support for an interest-rate increase from the Federal Reserve this month, which could place pressure on the price of the yellow metal.
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