Gold Settles With a Loss, Its First In Four Sessions

Gold futures settled lower on Monday, marking their first loss in four trading sessions as strength in the U.S. stock market dulled investor interest in the metal. Traders also looked to the latest spate of U.S. economic data as well as an interest-rate cut in China to help gauge demand for gold. April gold fell $4.90, or 0.4%, to settle at $1,208.20 an ounce on Comex.

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