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Gold futures edge higher for the week

Clyde Edgerton by Clyde Edgerton
July 7, 2023
in Markets
Gold futures edge higher for the week
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Gold futures climbed on Friday to register a modest gain for the week. Prices got a boost as a weaker-than-expected rise in the June U.S. jobs report raised questions over how many interest-rate increases the Federal Reserve will need to make this year.  Gold for August delivery
GCQ23,
+0.84%
rose $17.10, or 0.9%, to settle at $1,932.50 an ounce on Comex. Prices based on the most-active contract ended 0.2% higher for the week, according to Dow Jones Market Data.



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