The most active gold contract for December delivery fell 5.3 U.S. dollars, or 0.31 percent, to close at 1,678.2 dollars per ounce.
Investors are also waiting for the decision of the Federal Reserve's monetary meeting which will begin Tuesday and conclude Wednesday. It is widely expected that the Federal Reserve will raise interest rate by 75 basis points on Wednesday.
Nevertheless, gold found certain support as the National Association of Home Builders/Wells Fargo Housing Market index dropped three points to 46 in September, the lowest reading since May 2014. A reading below 50 indicates that more builders view conditions as poor rather than good.
Silver for December delivery fell 2.30 cents, or 0.12 percent, to close at 19.358 dollars per ounce. Platinum for October delivery rose 17.5 dollars, or 1.94 percent, to close at 918.5 dollars per ounce.
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