CHICAGO, Oct. 23 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday in correction.

The most active gold contract for December delivery fell 6.60 U.S. dollars, or 0.33 percent, to close at 1,987.80 dollars per ounce.

Gold on Friday hit the highest level since mid-May, and rose about 9 percent in the past two weeks. Market analysts hold that the conflict between Israel and Hamas will continue to support gold.

Market focus is now on U.S. personal consumption expenditures (PCE) price index, and U.S. gross domestic product figure for the third quarter to be released this week.

Silver for December delivery fell 29.40 cents, or 1.25 percent, to close at 23.21 dollars per ounce. Platinum for January delivery fell 10 cents, or 0.01 percent, to close at 905.00 dollars per ounce.