Gold ends at lowest in a month as Fed guessing game plays on

Gold futures finished at their lowest level in a month on Monday, after suffering from their worst weekly loss of the year.

The decline in the yellow precious metal comes as investors await a speech by Federal Reserve Chairwoman Janet Yellen and jobs data this week could help make a case for higher U.S. interest rates.

June gold GCM6, -0.22%  declined by $1.50, or 0.1%, to settle at $1,222 an ounce, with prices for the contract marking their lowest settlement since Feb. 26. The SPDR Gold Trust GLD, +0.23% meanwhile, tacked on 0.2% Monday.

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