Gold prices settle at highest since February

Gold prices settle at highest since February


Gold futures settled Friday at their highest since February, with prices for the most-active contract up roughly 0.4% for the week. “Investor concerns about sooner-than-expected policy tightening” from the Federal Reserve eased a little “given the dovish rhetoric from several FOMC members this week,” said Fawad Razaqzada, market analyst at ThinkMarkets. June gold
GCM21,
+0.31%

climbed $14.10, or 0.8%, to settle at $1,838.10 an ounce, with prices marking the highest finish since Feb. 10, according to FactSet data.



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