Gold futures edged lower on Monday following the dollar trending higher against a basket of major currencies, even as the precious metal's appeal as an alternate investment waned.
Gold futures for December delivery settled down 0.08 percent at $1,184.60 an ounce on the Comex division of the New York Mercantile Exchange. While spot gold fell 0.1 percent at $1,187.15 an ounce.
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