Gold prices fall, poised for first weekly loss in 5 weeks

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MarketWatch

Gold prices post a weekly loss after 4 consecutive weeks of gains

Gold futures finished lower on Friday, with prices down about 0.7% for the week, according to FactSet data. Gold declined as “risk appetite runs wild,” with the S&P 500 making a fresh intraday record high and Treasury yields poised to end Friday near this week’s high, said Edward Moya, senior market analyst at Oanda. The precious metal is likely to continue to trade around the $1,800 level leading up to the Federal Reserve policy decision on Wednesday, he said. August gold fell $3.60, or 0.2%, t

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