Gold Futures Fall More Than 1% For The Week, Down a Second Week In a Row

Gold futures fell Friday, with strength in the U.S. dollar and expectations that the Federal Reserve will raise interest rates at its meeting next month sending prices down for a second-consecutive week. December gold lost $8.20, or 0.7%, for the session to settle at $1,208.70 an ounce. Prices settled at their lowest level since February, according to FactSet data. For the week, prices declined by 1.3%.