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Rachel Koning BealsMarketWatch
Gold futures retreated Monday, leaving the market headed toward its third drop in the past four sessions as Treasury yields remained elevated and a leading dollar index firmed.
December gold fell $8.30, or 0.7%, to $1,197.40 an ounce. Despite its wavering price action over recent sessions, Friday’s gain was enough to hand the metal a roughly 0.8% advance for last week, according to FactSet data.