Gold prices settled higher Monday to reclaim most of what they lost last week as investors look to potential developments this week on U.S. tax changes and interest-rate policy. December gold climbed $7.10, or 0.6%, to settle at $1,294.40 an ounce, after posting a weekly decline of 0.7%. February gold , which is also actively traded, tacked on $7.10, or 0.6%, to finish at $1,298.90, after tapping highs above $1,300.
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