Gold Prices Edge Lower on Monday

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

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

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