Gold futures dropped Monday to log their first loss in nine sessions as strength in the dollar and equities dulled the metal's appeal as a haven investment.
August gold lost $16.80, or 1.3%, to settle at $1,329.30 an ounce on Comex. It had settled Friday at its highest since Feb. 20. The metal's decline followed a run of eight consecutive session gains--the longest since January 2018.
Source : Marketwatch