Gold Futures Mark First Quarterly Loss Of The Year

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures fell on Friday, as waning concerns surrounding the health of Deutsche Bank's balance sheet prompted a rally in U.S. equities. The metal's loss for the session contributed to a decline of nearly 0.3% for the quarter, following gains in the first and second quarters, according to FactSet data. December gold fell $8.90, or 0.7%, to settle at $1,317.10 an ounce for the session. It still rose about 0.4% for the month.

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