CHICAGO, Aug. 10 (Xinhua) -- Gold futures on the COMEX Division of the New York Mercantile Exchange declined for the fourth session on Monday as dollar went up and gold's demand waned. Silver and platinum both ended lower. Gold price for December delivery fell 12.60 U.S. dollars, or 1.3 percent, to finish at 946.90 dollars an ounce. Dollar continued going up due to the encouraging economic data released recently. By the end of gold floor trading time, dollar index climbed 0.5 percent, helping to drag the precious metal to fall below 950 dollars. Holdings in the SPDR Gold Trust, the biggest gold exchange-traded fund, fell to 1,068.90 metric tons last Friday, down 3.97 tons from the previous day, indicating the investment demand for gold is decreasing. Investors kept an eye on the outcome of the U.S. Federal Reserve's policy meeting ending on Wednesday. Analysts consider that the Fed is expected to tighten its monetary policy sooner rather than later, which could boost dollar and reduce inflation worries. September silver finished at 14.355 dollars per ounce, down 31.3 cents. October platinum fell 17.60 dollars to 1,250.90 dollars an ounce.

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