Gold Prices are continuing their Decline

Gold Prices Declining After Largest Weekly Loss in a Month . Gold prices are continuing their decline after the precious metal suffered its largest weekly loss in a month on the Federal Reserve's announcement last Wednesday that it would start scaling back its bond-buying program by $10 billion. Meanwhile, U.S. crude oil futures were declining on Monday amid thin holiday trading after getting a lift last week on signs of improvement in the U.S. economy, including the government's announcement that the U.S. economy grew at the fastest pace since 2011 in the July to September period.