Gold futures ended higher Friday, but registered their first weekly loss in about a month in an up-and-down stretch for stocks marked by a multiday rally in the early part of the holiday-shortened week.A U.S. economic report offered a glimmer that stubbornly low inflation may be improving toward the Federal Reserve’s target levels.
The so-called core consumer-price index, which excludes volatile food and energy prices, rose 0.3%, the most since August 2011.
April gold GCJ6, +0.02% finished $4.50, or 0.4%, higher to settle at $1,230.80 an ounce, but logged a weekly decline of 0.7%.
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