Metals Stocks: Gold eases from multimonth high as focus turns to U.S. presidential debate

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Gold prices churned between narrow gains and losses early Monday, tracking a weaker dollar and lower stocks, as financial markets braced for volatility that could be stirred by the evening debate between Democratic presidential candidate Hillary Clinton and her Republican rival Donald Trump.

Gold was also choppy as investors reassessed last week’s move, a jump to two-month highs on a boost from central-bank policy updates, including the Federal Reserve’s decision to hold off on hiking interest rates in September.

December gold GCZ6, +0.04% slipped $1, or 0.1%, to $1,340.70 on ounce. Gold settled at $1,341.70 Friday, cutting its weekly advance down to 2.4%.

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