Monday , 11 December 2017

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Gold logs a third straight weekly loss

Gold futures fell for a seventh session in a row on Friday to tally a weekly loss of nearly 5% as upbeat monthly U.S. jobs data raised the prospect for a Federal Reserve interest-rate hike in December. December gold settled at $1,087.70 an ounce on Comex, down $16.50, or 1.5%. Prices ended the week about 4.7% lower.

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Gold logs a third straight weekly loss Reviewed by on . Gold futures fell for a seventh session in a row on Friday to tally a weekly loss of nearly 5% as upbeat monthly U.S. jobs data raised the prospect for a Federa Gold futures fell for a seventh session in a row on Friday to tally a weekly loss of nearly 5% as upbeat monthly U.S. jobs data raised the prospect for a Federa Rating:
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