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Gold futures end lower near five-month low level on Monday

01 Dec 2020 Evaluate
Gold futures ended lower near five-month low level on Monday, as the optimism on covid vaccine and economic recovery though lifted risk appetite in the market and dulled safe haven bullion investments. 

Gold futures for February delivery dropped 0.4% or $7.2 to settle at $1780.90 an ounce on the Comex division of the New York Mercantile. Spot gold fell 1% to $1,770.56 per ounce.