LONDON: Gold has retreated the most in a month as investors speculated Hillary Clinton is moving closer to winning the US presidential election.

Gold slumped 1.6 per cent to USD 1,283.80 an ounce and silver lost 1.3 per cent to USD 18.19 an ounce.

Prices broke a seven-day rising streak after the Federal Bureau of Investigation decided to stick to its previous view that Clinton s handling of her e-mails was not a crime. Meanwhile, bullion prices added 2.3 per cent last week as opinion polls narrowed and investors priced in a higher chance of Republican Donald Trump capturing the White House.–PTI