Gold Prices Slip Lower Following November Rout

Gold prices settled lower Thursday, following their worst monthly slide in more than three years, as investors shunned safe-haven assets. Gold for February delivery settled down $4.50, or 0.4%, at $1,169.40 an ounce, while the SPDR Gold Trust ETF declined 0.3%. Silver ticked slightly higher as the March contract for the metal settled up 2.4 cents, or 0.1%, at just under $16.51 an ounce.

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