Gold futures inched lower Monday as stocks rallied on hopes the UK will vote to remain in the European Union.
Gold rallied last week as UK voters seemed keen to break away from their EU neighbors, but the latest polls show most now wish to stay.
YouGov in the Sunday Times showed Remain ahead again following the pro-Leave polls a week ago.
August gold ended at $1,292.10/oz, down $2.70, or 0.2%.
Traders will now focus on tomorrow’s testimony from Fed Chair Janet Yellen.
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