Gold Falls For The Session, But Gains For a Second-straight Week

Gold futures settled lower on Friday, as strength in the U.S. dollar and equities dulled investment demand for the precious metal. Prices, however, gained about 1.8% for the week, buoyed by uncertainty surrounding the pace of interest-rate increases by the Federal Reserve. February gold fell $7.90, or 0.7%, for the session to settle at $1,173.40 an ounce.

Copyright © 2017 MarketWatch, Inc.

Continue Reading Below