Gold loses 1.2% on week; oil settles at $99.99 - Gold futures - TopicsExpress

Gold loses 1.2% on week; oil settles at $99.99 - Gold futures settled lower on Friday for a fourth session in a row, holding their ground below the key $1,300 level and marking a weekly loss of more than 1 percent. Optimistic remarks on the economy from Federal Reserve Chairwoman Janet Yellen this week contributed to golds losses, as bulls struggled to build momentum off turmoil in Ukraine. June gold futures declined 10 cents to finish at $1,287.60 an ounce on the Co... ow.ly/2GwUHu

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