Gold futures settled higher Friday, with a retreat in the U.S. dollar and weakness in Treasury yields boosting the metal’s investment appeal. February gold rose $8.40, or 0.7%, to settle at $1,177.80 an ounce for the session. For the week, prices lost less than 0.1% from the $1,178.40 settlement of the most-active December contract a week ago.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News