Gold and other precious metals rose Monday on U.S. dollar weakness and continuing worries about Iran's nuclear program.
However, the gold market backed down from its highs on
profit-taking, they reported.
Comex February gold settled up $4.70 to $558.70 an ounce in New York's Comex.
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Gold Gained Almost $5
Gold and other precious metals rose Monday on U.S. dollar weakness