Gold futures fell for a seventh straight session on Friday to mark their lowest settlement in more than five years.Gold for August delivery on Comex GCQ5, -1.01% fell $12, or 1.1%, to settle at $1,131.90 an ounce, suffering a roughly 2.3% weekly decline. The settlement was the lowest since April 2010, based on the most-active contracts.
September silver SIU5, -1.16% fell 15 cents, or 1%, to $14.834 an ounce, for a 4.2% weekly drop.
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