Daily Gold Update

Source: Marketwatch

San Francisco— Gold futures closed $4 an ounce higher Monday, ending a three-session losing streak that has subtracted nearly $25 an ounce from the benchmark contract as traders remained wary over a jittery U.S. stock market, renewed weakness in the dollar and volatility in oil prices.

Gold for August delivery added $4 to close at $664.10 an ounce in morning trading on the New York Mercantile Exchange. The contract, including the nearly $25 lost in the past three sessions, retreated by 3.6% for all of last week. See full story.