The Chicago Entrepreneur

Gold futures settle with a modest loss

Gold futures settled Tuesday with a modest loss as U.S. traders returned from a three-day holiday weekend. Weakness in the U.S. dollar helped provide support for gold in early trading, but the market may be seeing some profit taking or “some adjustments and/or selling in portfolios as we get close to the end of the month,” said Adam Koos, president of Libertas Wealth Management Group. August gold edged down by $1.80, or 0.1%, to settle at $1,838.80 an ounce.

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