Gold Ends Monday Lower on Vaccine Optimism

Gold prices closed Monday on a lower note, amid optimism about new Coronavirus vaccines and concerns that a new stimulus package in the United States may not be in the making.

Gold futures for February delivery declined by $11.50, or 0.6%, to close at $1,832.10 per ounce.

This is the lowest closing level for the most-active gold contracts since December 2.

Last week, the yellow metal recorded slim gains of about 0.2%.