Gold futures ended lower on Monday as relief that North Korea did not conduct a missile test over the weekend helped to lift global stocks, the US dollar and bond yields. Investors had also been worried about economic and safety risks in the run-up to Hurricane Irma, which made landfall in Florida over the weekend. The hurricane has been downgraded to a tropical storm.

Gold futures for December delivery declined $15.50, or 1.2 percent, to settle at $1,335.70 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 1.2 percent at $1,330.24 an ounce.

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