Gold Marks Highest Settlement Of The Month, Up 1.5% For The Week

By Myra P. Saefong Markets MarketWatch Pulse

Gold prices climbed Friday to mark their highest finish since June 30 as weak U.S. economic data dulled prospects for another interest-rate hike this year. Prices finished the week up roughly 1.5%, after posting five-straight weeks of losses, according to data from FactSet, tracking the most-active contracts. August gold added $10.20, or 0.8%, to settle at $1,227.50 an ounce.

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