Gold settles higher as Trump comments weigh on the dollar

Gold prices settled higher Monday, buoyed by a weaker U.S. dollar, which fell as traders appeared to shrug off concerns of possible retaliation from Russia in the wake of the U.S.-led airstrikes in Syria. Michael Kosares, founder of gold broker USAGOLD, also said that a tweet Monday, in which President Donald Trump said China and Russia were playing the "currency devaluation game, also weighed on the greenback. June gold rose $2.80, or 0.2%, to settle at $1,350.70 an ounce.

Read the full story: Gold ends higher as Trump comments put pressure on the dollar