Gold falls for the session, but posts a gain for the week
Gold futures fell on Friday, pressured by strength in U.S. Treasury bond yields and the dollar, but prices for the precious metal still tallied a gain for the week following three consecutive weekly declines. April gold fell $2.80, or 0.2%, to settle at $1,719.80 an ounce, after logging gains in each of the last three consecutive sessions. Prices based on the most-active contract rose 1.3% for the week, according to FactSet data.
Gold fates fell on Friday, forced by strength in U.S. Depository security yields and the dollar, however costs for the valuable metal actually counted an increase for the week following three sequential week by week decreases. April gold fell $2.80, or 0.2%, to settle at $1,719.80 an ounce, subsequent to logging gains in every one of the last three sequential meetings. Costs dependent on the most-dynamic agreement rose 1.3% for the week, as per FactSet information.