Gold futures settled at a slight loss on Monday, finding little reason to move in either direction ahead of a mid-week policy update from the Federal Reserve and a U.K. general election that could roil markets.
February gold on Comex lost 20 cents, or 0.01%, to settle at $1,464.90 an ounce, after declining 0.5% last week. March silver meanwhile, added 4.6 cents, or 0.3%, at $16.642 an ounce, following a weekly decline of 3%, according to FactSet data.
Among other metals traded on Comex, March copper settled at $2.7585 a pound, up 1.2%.
January platinum inched down by 0.04% to $898.50 an ounce and March palladium rose 0.6% to $1,856.60 an ounce.