Gold Records Its Worst Monthly Performance In 17 Years

(MENAFN- Investor Brand Network) The price of gold recorded a slight increase at the start of the week. Despite this, the precious metal still posted its steepest monthly decline in over a decade. Gold futures rose by over 2% to reach $4,678.60. Despite that daily gain, gold dropped over 10% throughout last month, marking its worst monthly performance since 2013.

The factors influencing the gold market are shifting constantly, and entities like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) may have to keep close tabs on...

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