Gold settles higher for the day and week

SAN FRANCISCO (MarketWatch) — Gold futures scored a gain for the week following a higher close for the precious metal Friday in the wake of mixed U.S. jobs data and a weaker dollar. April gold rose $8.60, or 0.5%, to settle at $1,670.60 an ounce on the Comex division of the New York Mercantile Exchange. Tracking the most-active contracts, prices were up nearly 0.9% for the week. The most-active February contract on Jan. 25 settled at $1,656.60.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Source: Market Watch Market Pulse