Gold Prices Edge Lower on Monday

Abu dhabi: 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. According to Emirates News Agency, 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.