Gold futures settled lower for a second straight session on Monday as prices failed at an earlier attempt to reclaim the $1,100-an-ounce level after climbing by nearly 4% last week.February gold GCG6, -0.01% fell $1.70, or almost 0.2%, to settle at $1,096.20 an ounce after trading as high as $1,108.30. Prices had registered a gain of 3.6% last week, representing the best weekly gain since Aug. 21, 2015, according to FactSet data.
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