Gold Sinks to 2-Month Low, to “Take a Back Seat”

XCSFDHG46767FHJHJF

DG365FD46564GFH654FU898 Gold futures sunk to a two-month low on Monday after the CME raised margin requirements yet again this year. COMEX gold futures, per the December 2011 contract, settled down $45.00, or 2.7%, at $1,594.80 per ounce – its lowest close since July 21.