India, Oct. 5 -- After seeing some strength earlier in the day, the price of gold has moved modestly lower over the course of the trading session on Monday.
Gold for December delivery has edged down $5.80 or 0.1 percent to $4,156.50 an ounce after jumping as much 1.6 percent to a high of $4,198.90 an ounce.
With the downturn on the day, the price of the precious metal is extending the slump seen last week, when gold tumbled by 3.7 percent.
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