Metals Stocks: Gold ends around 2018 low, books third straight weekly fall

Gold futures settled lower for the day and week Friday as the precious metal found few catalysts to climb out of a recent downtrend.

Gold for August delivery on GCQ8, -0.30% fell $2.70, or 0.2%, to end at $1,223 an ounce, leaving it near the lowest for a most-active contract since July of 2017. December gold GCZ8, -0.28% meanwhile, which is poised to become the most-active contract, fell $2.60, or 0.2%, to $1,232.70 an ounce.

For the week, August gold lost 0.7%, while the December contract booked a 0.6% weekly slide. Both contracts notched their third straight weekly falls.

>>> Original Source <<<