Gold Settles Under $1,200, But Scores Gain For The Week

MarketWatch Pulse

Gold futures pulled back below $1,200 an ounce on Friday, but still scored a gain of more than 1% for the week. Prices had rallied strongly over the past two trading sessions as declines global equities and turmoil in Yemen helped buoy safe-haven demand for the metal. April gold fell $5, or 0.4%, to settle at $1,199.80 an ounce on Comex.

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