Gold Pares Losses By The Finish, Gains 1.2% For The Week

By Myra P. SaefongMarketsMarketWatch Pulse

Gold futures pared their losses shortly before the settlement on Friday, finding some support as the U.S. dollar lost ground. The greenback fell against the Japanese yen , in particular, as U.S. President Donald Trump held a press conference with Japan's Prime Minister Shinzo Abe. April gold fell 90 cents, or less than 0.1%, to settle at $1,235.90 an ounce after trading as low as $1,222.60. For the week, prices tacked on roughly 1.2%.

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