Gold prices fall for the session, post a loss of 0.5% for the week

September 9, 2018

New York (Sept 9)  Gold fell on Friday, prompting prices to tally a second consecutive weekly loss, as upbeat monthly data on U.S. jobs backed the likelihood for further interest-rate hikes this year and provided a boost to the dollar. December gold GCZ8, -0.21% lost $3.90, or 0.3%, to settle at $1,200.40 an ounce. Prices fell 0.5% for the week. They've now posted weekly declines in eight out of the last nine weeks, according to FactSet data.


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