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Gold futures gain for the week, fall for the month and quarter

gold futures gain for the week fall for the month and quarter

Gold futures climbed Friday to finish higher for the week, but overall strength in the dollar amid aggressive monetary policy tightening by the Federal Reserve, as it continues its efforts to tame inflation, pushed prices for the metal lower for the month, as well as the quarter. Gold for December delivery GCZ22, -0.02% rose $3.40, or 0.2%, to settle at $1,672 an ounce on Comex. Prices based on the most-active contract climbed 1% for the week. They posted declines of 3.1% for the month and 7.5% for the quarter.

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