Gold Futures Finish At Lowest Level In Over a Week

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures settled lower Monday to finish at a more than one-week low. Growing expectations for an interest-rate increase from the U.S. Federal Reserve following an upbeat report on domestic employment pressured prices for the yellow metal. December gold lost $3.10, or 0.2%, to settle at $1,341.30 an ounce. That was the lowest settlement since July 28, according to FactSet.

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