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

By MarketsMarketWatch 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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