Gold futures settled slightly lower on Monday as the investment appeal of the bullion got saddled with the stronger US Treasury bond yields and on hawkish Fed stance. However, the yellow metal had rose as high as $1,757.90 during the session.
Gold futures for December inched down by 10 cents to settle at $1749.70 ounce on the Comex division of the New York Mercantile. Spot gold fell by 0.14% to $1,734.65 per ounce.