Gold prices settled higher on Monday, but posted a loss for the month pressured, in part, by a rise in Treasury yields over the past few months, said Michael Hewson, chief market analyst at CMC Markets UK.
Still, prices rebounded after falling to a roughly six-week low at the end of last week. April gold GCJ22, 0.35% rose $9.80, or nearly 0.6%, to settle at $1,796.40 an ounce. Prices based on the most-active contracts ended the month down 1.8%, according to Dow Jones Market Data.