Gold declined slightly on Monday below a five-week high on technical sales, as the market was closely watching the descent of the dollar against the euro. Investors were wary ahead of Ben Bernanke’s testimony to the U.S. Congress on Wednesday and Thursday that might affect the dollar. After wobbling in early trading, crude oil futures ended the session at an 11-month high. Forecasts for cooler, wetter weather in the Midwest this week sparked a sharp pullback in agriculture prices.
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