gold futures settled lower tuesday for a second straight session prices struggled as us treasury yields jumped after disappointing data on housing starts said edward moya senior market analyst at oanda all eyes will be on the minutes from the federal reserves july meeting due out wednesday which will likely confirm we need to see the next labor and inflation data before making the call that the fed can go at a slower pace of tightening he said december gold gcz22 fell 840 or 05 to settle at 178970 an ounce prices based on the mostactive contract settled at their lowest since aug 5 factset data showed