Gold pares losses by the finish, gains 1.2% for the week

Gold futures pared their losses shortly before the settlement on Friday, finding some support as the U.S. dollar lost ground. The greenback fell against the Japanese yen , in particular, as U.S. President Donald Trump held a press conference with Japan’s Prime Minister Shinzo Abe. April gold fell 90 cents, or less than 0.1%, to settle at $1,235.90 an ounce after trading as low as $1,222.60. For the week, prices tacked on roughly 1.2%.

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From:: Stock Market News

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