Gold futures settle lower for a second straight session


Gold futures settled lower on Monday for a second straight session, with strength in the U.S. dollar pressuring prices for the metal. “The dollar has generally been the primary safe haven in recent weeks, but interest in gold, while perhaps somewhat subdued, is still relatively solid,” said Rhona O’Connell, head of market analysis, EMEA & Asia, at StoneX. “Investor sentiment has remained positive in the face of continued geopolitical risk,” she said. April gold GCJ22, -0.77% declined by $14.40, or 0.7%, to settle at $1,939.80 an ounce after losing 0.4% on Friday, but gaining more than 1% last week.

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