Gold prices edge lower on Monday

Gold prices nudged lower on Monday. Spot gold was down 0.5 per cent at $4,405.47 per ounce, as of 02:11 GMT, after falling 1 per cent on Friday.

US gold futures for December delivery were down 0.5 per cent at $4,452.20.

 Among other metals, spot silver eased 0.2 per cent at $66.03 per ounce, platinum lost 0.8 per cent at $1,805.53 and palladium declined 0.7 per cent to $1,396.08.

WAM

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