Gold On Track For Sixth Straight Monthly Decline
b'Traditionally the month of October is the most volatile month. "Inflation was public enemy number one and now global tightening is unavoidable. Personal Income & Outlays numbers suggest this. The decline in gas and oil prices could be what caused the data to come in hotter than expected. The Gold Futures (/GC) price is relatively flat over the last five trading days. Higher yields are weighing on gold," says Larry Shover.'