Gold futures edged lower on Monday as investors focused on expectations for the Federal Reserve to hike interest rates next year. The sentiments weakened further as the dollar jumped to a seven-year high against the yen.
Gold futures for December delivery edged down 0.24 percent at $1,182.80 an ounce on the Comex division of the New York Mercantile Exchange. While spot gold fell 0.2 percent to $1,185.14 an ounce.
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