Gold suffers largest one-day percentage loss in 5 weeks

Gold futures dropped Monday, suffering from their largest percentage loss since Oct. 4. Prices were hit by a rally in the U.S. dollar , which climbed following news that the Federal Bureau of Investigation won’t bring charges against presidential nominee Hillary Clinton after a review into Clinton’s emails. December gold settled at $1,279.40 an ounce, down $25.10, or 1.9%. That was the lowest finish since Oct. 27, according to FactSet data.

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