Gold retreated on Monday as the U.S. dollar and stocks strengthened after the FBI said it stood by its earlier finding that no criminal charges were warranted against Democrat Hillary Clinton just two days ahead of the U.S. election.

            FUNDAMENTALS

* Spot gold was down 0.7 % at $1,295.01 an ounce at 0127 GMT. The metal hit a low of $1,287.86 earlier in the session.

* U.S. gold futures fell 0.7 % to $1,295.80 per ounce.

* The dollar index, which measures the greenback against a basket of major currencies, was up 0.22 % 97.283.

* U.S. employers maintained a strong pace of hiring in October and boosted wages for workers, which could effectively seal the case for a December interest rate increase from the Fed.

* Hedge funds and money managers raised their net long position in COMEX gold contracts for the second straight week, in the week to Nov. 1, and increased it in silver for the first time in five, U.S. government data showed on Friday.

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