Gold fell back on Monday as investors took profits from the metal’s recent gains while oil and grain prices slid and the U.S. dollar strengthened.

Gold futures for December delivery dipped to $1,764.60 on Monday, according to CME Group. Gold traded as high as $1,775.30 and as low as $1,757.90. Gold bullion closed in London at $1,767, according to BullionVault.

Silver futures headed lower, closing down at $33.984 per ounce. Monday’s high for silver was $34.585, while the low was $33.63.

Gold and silver funds sagged in Monday trading.

• The SPDR Gold Trust (NYSE:GLD) slipped 0.5%.
• The iShares Gold Trust (NYSE:IAU) also fell 0.6%.
• The iShares Silver Trust (NYSE:SLV) dropped 1.6%.

Gold and silver mining ETFs fell during the day.

• The Market Vectors Gold Miners ETF (NYSE:GDX) declined 3.4%.
• The Market Vectors Junior Gold Miners ETF (NYSE:GDXJ) fell 4.3%.
• The Global X Silver Miners ETF (NYSE:SIL) slid 3.2%.

Gold mining shares declined on Monday, with NovaGold Resources (NYSE:NG) falling hardest.

• Agnico-Eagle Mines (NYSE:AEM) dropped 3.2%
• Barrick Gold (NYSE:ABX)  fell 3.6%.
• Eldorado Gold (NYSE:EGO) declined 3.5%.
• Goldcorp (NYSE:GG) slid 4%.
• Kinross Gold (NYSE:KGC) tumbled 3.8%.
• Newmont Mining (NYSE:NEM) dipped 1.9%.
• NovaGold Resources plunged 6.6%.
• Yamana Gold (NYSE:AUY) moved down 3.3%

Silver mining shares also tumbled in Monday trading.

• Coeur d’Alene Mines (NYSE:CDE) fell 4%.
• Hecla Mining (NYSE:HL) slid 2.3%.
• Pan American Silver (NASDAQ:PAAS) dove 6.1%.
• Silver Wheaton (NYSE:SLW) dropped 3.9%.
• Silver Standard Resources (NASDAQ:SSRI) declined 5.6%.

As of this writing, Christopher Freeburn did not hold a position in any of the aforementioned securities. Adrian Ash of BullionVault contributed to this report.