Gold futures settled lower Monday after tallying gains in each of the last three trading sessions, with investors looking ahead to a busy week for Federal Reserve policy and key U.S. jobs data.
Palladium, meanwhile, suffered its biggest one-day decline since March, as prices retreated in the wake of four consecutive sessions of gains.
Gold for June delivery fell $7.30, or 0.6%, to settle at $1,281.50 an ounce. The most-active contract logged a weekly gain of 1% for last week. May silver fell 16.1 cents, or 1.1%, to end at $14.844 an ounce after gaining 0.3% last week. July silver which is now the most-active contract, settled at $14.933, down 15.5 cents, or 1%.
Source : Marketwatch