Gold Futures Gain, But Finish Lower For The Week

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures settled with a modest gain on Friday, but finished the week with a loss of about 1.5%--the worst in six weeks. Prices were volatile, with the metal tracking moves in the U.S. dollar as traders assessed comments from Federal Reserve Chairman Janet Yellen and Vice Chair Stanley Fischer, which hinted at the potential for an interest-rate increase as early as next month. December gold rose $1.30, or 0.1%, to settle at $1,325.90 an ounce.

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