Gold prices were little changed near four-month lows on Monday, as a broadly stronger U.S. dollar continued to dampen demand for the precious metal.
On the Comex division of the New York Mercantile Exchange, gold futures for December delivery were little changed at $1,256.15.

The December contract ended Friday’s session 0.17% lower at $1,255.50 an ounce.
Futures were likely to find support at $1,249.5, the low from October 7 and a four-month low and resistance at $1,259.00, the high from October 13.

Gold prices remained under pressure as Friday’s upbeat U.S. data kept the U.S. dollar at a seven-month peak against other major currencies.

RI GROUP news