Gold On Track For Sixth Straight Monthly Decline

<p>Traditionally the month of October is the most volatile month. "Inflation was public enemy number one and now global tightening is unavoidable. Personal Income &amp; Outlays numbers suggest this. The decline in gas and oil prices could be what caused the data to come in hotter than expected. The Gold Futures (/GC) price is relatively flat over the last five trading days. Higher yields are weighing on gold," says Larry Shover.</p>