Gold futures firmed Friday and headed for a small weekly gain, in a fresh attempt the clear the psychologically important $1,300-an-ounce level. A weaker dollar pushed the precious metal higher.
February gold rose $4.90, or 0.4%, to $1,292.30 an ounce. The yellow metal is up 0.5% so far this week, according to FactSet data. The SPDR Gold Shares ETF rose 0.5% Friday, up 0.1% for the week.
In other metals trading, March silver rose 8 cents, or 0.5%, to fetch $15.725 an ounce. March copper rose 0.7% at $2.657 a pound, while April platinum gained 0.3% to $828.50 an ounce.
Source : Marketwatch