Gold prices settled higher Friday, buoyed by uncertainty surrounding President Donald Trump’s pick for Federal Reserve chief, but strength in the dollar fueled a weekly decline for the yellow metal. December gold tacked on $2.20, or 0.2%, to settle at $1,271.80 an ounce. It lost about 0.7% for the week, which was its sixth weekly loss in seven.
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