MW: Gold scores minor gain after three-session drop
SAN FRANCISCO (MarketWatch) -- Gold futures finished with a slight gain Monday, finding their footing after a three-session decline as traders looked ahead to central-bank meetings and global economic data due out this week. April gold (US:gcj3) settled at $1,572.40 an ounce on the Comex division of the New York Mercantile Exchange, up 10 cents for the session. Strong U.S. economic data and a recovering Chinese economy were among the drivers of gold's fall last month, said Jan Skoyles, head of research at The Real Asset Co. "It is these same factors which are now providing support to the gold price: unrest in Italy's political world, further bailout talks in Greece, the sequestration in the U.S. and weaker than expected data from China's services industry have now reminded investors that this crisis still has a long way to run."
