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Metals Stocks: Gold dips Friday but logs slim weekly gain, as dollar firms

Gold futures eased in Friday’s shortened session, pulling back from Wednesday’s, pre-Thanksgiving two-week high. Still, the loss was slim enough to leave the precious metal just in the green for the week.

Market focus remained fixated on Federal Reserve interest-rate plans over coming months, the dollar’s response to said rate moves, and what looming China-U.S. trade discussions could indicate for the economy’s fortunes. Stock volatility, with major averages pushed into negative for the year earlier this week, is underpinning the appetite for haven gold as well.

Gold for December delivery GCZ8, -0.37% on Comex fell $4.80, or 0.4%, to settle at $1,223.20 an ounce.

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