Gold logs 3rd straight session loss

Gold futures settled lower for a third straight session as relief that Greece reached a deal with its creditors put pressure on prices Monday.

August gold GCQ5, -0.08% lost $2.50, or 0.2%, to settle at $1,155.40 an ounce on Comex after tallying a decline of more than $5 an ounce in the past two trading sessions.

September silver SIU5, -0.50%  ended down 2.4 cents, or 0.2%, at $15.457 an ounce after tacking on 0.8% on Friday.

Eurozone leaders unanimously agreed to give Greece another multi-billion-euro bailout package in exchange for stringent austerity measures.

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