Gold Futures Edge Down For The Day To Finish 1.4% Lower For The Week

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures settled lower on Friday as strength in the U.S. dollar and a recent rally in major U.S. stock market indexes to all-time highs helped prices tally a weekly loss of about 1.4% for the week. February gold lost $1.40, or 0.1%, to settle at $1,188.40 an ounce. April gold , which has higher open interest, also fell $1.40, or 0.1%, to finish at $1,191.10 an ounce.

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