Gold Settles At Highest Level Since August, Up For The Week

By Myra P. SaefongMarketWatch Pulse

Gold futures settled sharply higher on Friday as expectations that the Federal Reserve will continue to delay an interest-rate hike pressured the U.S. dollar. December gold climbed $11.60, or 1%, to $1,155.90 an ounce on Comex, the highest settlement since Aug. 21. For the week, prices gained 1.7%.

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