Gold Futures Notch Sixth-straight Weekly Gain

By Markets MarketWatch Pulse

Gold futures settled lower on Friday, but still tallied a gain of roughly 1.5% for the week as market uncertainty continued to lure investors to the perceived safety of the precious metal. Prices for gold and silver have now posted gains in each of the last six weeks. Gold for August delivery lost $3.70, or 0.3%, to settle at $1,358.40 an ounce. September silver tacked on 26.1 cents, or 1.3%, to end at $20.099 an ounce, up 2.6% for the week.

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