Gold futures fell on Friday to tally a modest loss of 0.1% for the week. In Europe, "there are some nervous emotions regarding the Ukrainian elections with a sense of a stronger U.S. dollar, but also a stance of not being short gold with the 3-4 days ahead," said Jeffrey Wright, managing director at H.C. Wainwright. "We believe gold could either sell off next week with a reduction in Ukrainian tension or proceed sharply higher if Russia does not accept the results and moves forces back along the border." June gold GCM4 -0.15% fell $3.30, or 0.3%, for the session to settle at $1,291.70 an ounce on the Comex division of the New York Mercantile Exchange. Click Here To Register For Free Trial Services
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