Gold futures settled lower on Monday, retreating from $1,800 peak level in the morning trade. Strength in dollar and profit booking at prevailing level pressured the yellow metal buying.
Gold futures for December dipped by $2.50 to settle at $1797.70 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $4.34 or 0.24% or $1,791.96 per ounce.