Gold prices rally toward $1,300 to finish at a more than 1-month high

Gold prices rallied Friday to settle at their highest level in more than a month, up nearly 1.8% for the week. Prices for the precious metal got a boost as the U.S. dollar fell on concerns surrounding U.S. special counsel Robert Mueller’s probe into Russian interference in the U.S. president election. The ICE U.S. Dollar Index fell 0.3% in Friday trading, set for a weekly loss of 0.8%. December gold climbed $18.30, or 1.4%, to settle at $1,296.50.70 an ounce, the highest finish since Oct. 16, according to FactSet data.

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