Gold Settles At Lowest Price Of The Year

MarketWatch Pulse

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.

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