Gold Market Update

Gold futures settled higher on Monday for a third session in a row, as weakness in the U.S. dollar helped lift the metal’s investment appeal, but pressure from a rally in the stock market kept a lid on gold’s gains.

Gold for April delivery GCJ5, +0.06% tacked on 80 cents, or 0.1%, to settle at $1,153.20 an ounce on Comex. May silver SIK5, -0.40% fared better, up 12.3 cents, or 0.8%, to $15.617 an ounce.