Gold prices mark back-to-back declines

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Gold prices fell on Monday for a second straight session. The precious metal "has recently been over-promoted as an inflation hedge," said Adrian Ash, director of research at BullionVault. That's created "disappointment and then pre-emptive selling among investors who fell for the idea that central banks are about to start tightening." August gold GCQ21, -0.14% fell $5.80, or 0.3%, to settle at $1,809.20 an ounce.

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