Published March 6, 2015 1:57pm EST | Updated May 21, 2015 1:25pm EDT

Gold Settles At Lowest Price Of The Year

Gold futures dropped on Friday as a rally in the dollar on the back of an upbeat U.S. jobs report sent gold prices to their lowest settlement level of the year. April gold dropped $31.90, or 2.7%, to settle at $1,164.30 an ounce on Comex. For the week, prices lost 4%, based on the most active contracts, according to FactSet.