London, October 31 (QNA) – Gold prices were flat on Monday and headed for a seventh straight monthly loss, pressured by oversized US interest rates, while cautious investors eyed the Federal Reserves upcoming policy meet for guidance on its future stance.
Spot gold was flat at $1,642.55 per ounce, and down about 1% for the month.
US gold futures settled $1645.00.
Spot silver fell 0.5% to $19.14 per ounce.
Platinum dropped 0.7% to $938.47, but was headed for its biggest monthly gain since February 2021.
Palladium climbed 1.1% to $1,919.00, but lost about 11% in October, its biggest monthly drop in five. (QNA)
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