Gold futures up a third straight session, at highest finish since early September

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Gold futures tallied a third-straight session gain on Monday, marking another settlement at the highest price since early September. Gold prices have climbed to a two-month high "as the aftershocks of last week's unexpectedly dovish tilt from central banks has continued to push prices higher," said Michael Hewson, chief market analyst at CMC Markets UK. The next key resistance for prices is the mid-summer high of $1,835, which has been a solid barrier since mid-July, he said. "It would probably take a further sharp fall in bond yields, and significant further U.S. dollar weakness for a move higher to play out [in gold], neither of which looks very likely at this moment in time." December gold GCZ21, +0.53% rose $11.20, or 0.6%, to settle at $1,828 an ounce, the highest most-active contract finish since Sept. 3, FactSet data show.

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