Gold fell for the fifth straight session on Monday , recording the longest losing streak in seven months as it went for the gold market’s attention after the stock rally and ahead of a meeting of the Policy Committee of the European Central Bank and the important U.S. data this week .
Spot gold fell 0.5 percent to 1244.20 dollars an ounce by 0939 GMT time . The hostel in gold futures trading in the United States for August delivery $ 1.30 to U.S. $ 1244.70 .
Silver surged 0.2 percent to 18.72 dollars an ounce , recovering from its lowest level in 11 months at 18.60 dollars.
Platinum was down 0.8 percent to U.S. $ 1433.25 while palladium lost 0.2 percent to 831.25 dollars an ounce
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