Gold prices settled lower Friday as upbeat monthly U.S. jobs data backed expectations for an interest-rate hike by the Federal Reserve later this month. June gold fell $5.40, or 0.4%, to settle at $1,299.30 an ounce. The contract declined by roughly 0.7% for the week.
Read the full story: Gold settles under $1,300 after upbeat U.S. jobs data