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Gold prices settle at their lowest since September

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Gold prices settle at their lowest since September

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Gold prices fell on Monday to mark their lowest settlement in more than nine months, after clinching a fourth consecutive weekly decline as the strong dollar continued to weigh on the yellow metal.

Futures prices for gold had settled higher on Thursday and Friday following a seven-session losing streak that ended Wednesday, when prices for the most-active contract also marked their lowest finish since September 2021.

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