Gold prices fell to a nearly two-month low Monday, weighed down by a stronger dollar. Gold for December delivery edged down 0.7% to $1,275.80 a troy ounce on the Comex division of the New York Mercantile Exchange—the most actively traded gold contract’s lowest close since Aug. 8. Prices have fallen in four of the last five sessions and in three consecutive weeks since hitting their highest level in more than a year, with concerns about interest-rate increases and a stronger dollar hurting the precious metal.

Source: Wall Street Journal October 02, 2017 14:30 UTC