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July 12, 2021, 1:43 p.m. EDT

Gold futures hold above $1,800 an ounce

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By Myra P. Saefong

Gold futures finished lower on Monday, but held ground above the $1,800-an-ounce mark for a fourth straight session. For gold, it's been a "very slow day in the summer doldrums right now," said Jeff Wright, chief investment officer at Wolfpack Capital. The day saw no significant economic data and Federal Reserve officials have been quiet as well, he said, "so we are going to have to wait the next news item or event which could impact gold." U.S. consumer price index data are due out Tuesday. August gold fell $4.70, or 0.3%, to settle at $1,805.90 an ounce.

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