Gold fell on Friday, as strength in the U.S. dollar and stocks, and a recent rally in bitcoin, combined to lure investors away from the yellow metal and push prices to their lowest finish since July. December gold lost $4.70, or 0.4%, to settle at $1,248.40 an ounce. That was the lowest finish since July 20, according to FactSet data. Futures prices fell roughly 2.6% for the week.
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