Gold futures settle at lowest in more than a week
Marketwatch -

Gold futures on Friday marked their lowest finish in more than a week. The "huge spike move" in the U.S. dollar affected gold prices on Friday, said Adam Koos, president at Libertas Wealth Management. The ICE U.S. Dollar index traded as high as 96.239, the highest since July 2020, putting pressure on dollar-denominated prices for gold. December gold fell $9.80, or 0.5%, to settle at $1,851.60 an ounce. Based on the most-active contract, prices settled at their lowest since Nov. 10 and lost...

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