Gold Prices Settle Higher, Gain a Few Cents For The Week

By Myra P. Saefong Markets MarketWatch Pulse

Gold prices rose a third session Friday, to score their longest streak of session gains since mid-April, finding support as slightly weaker-than-expected retail sales and core consumer price index data fed a decline in the U.S. dollar. Prices for the metal, however, barely notched a gain for the week. June gold rose $3.50, or 0.3%, to settle at $1,227.70 an ounce for the session--up less than 0.1% from a week ago.

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