Gold Market Update

Gold prices on Monday were heading toward their fourth-straight session in the red, as the retreat from their recent bounce gathers momentum.

At last check, gold for February delivery GCG5, -0.70%   was down $2.70 to $1,219.70 an ounce, while March silver SIH5, -1.13% lost 10 cents to $16.96 an ounce.

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