Gold futures settle below $1,500 an ounce, down 1.1% for the week

/ / News

Gold futures fell on Friday, posting a loss of 1.1% for the week, as strength in U.S. bond yields dulled appetite for the haven metal, ahead of the Federal Reserve’s decision on interest rates next week. December gold lost $7.90, or 0.5%, to settle at $1,499.50 on Comex.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more information on this news.