SAN FRANCISCO MarketWatch (29/10) — Gold futures settled with a loss on Monday, their first in three sessions, as traders mulled an coming decision by Federal Reserve policy makers on whether to taper the central bank’s monetary-stimulus program.December gold GCZ3 +0.02% fell 30 cents to settle at $1,352.20 an ounce on the Comex division of the New York Mercantile Exchange. They had been trading decidedly higher for most of the session, until the last few minutes of trading on Comex.
Prices closed Friday at their highest level since Sept. 19, just as they did on Thursday. Prices, which ended last week with a gain of about 2.9%, had risen about 1.4% over the past two trading sessions.
December silver SIZ3 -0.64%, meanwhile, extended its 0.8% loss from Friday, falling another 10 cents, or 0.5%, to $22.54 an ounce.
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