Gold futures fall for the session, submit a acquire for the week

Gold declined on Friday because the U.S. greenback noticed modest energy. Costs posted a acquire for the week, nevertheless, buoyed by expectations for additional fiscal stimulus beneath the newly inaugurated President Joe Biden, which may weaken the greenback and raise dollar-denominated costs of gold. February gold
GCG21,
-0.56%
fell $9.70, or 0.5%, to settle at $1,856.20 an oz.. For the week, costs primarily based on the most-active contract had been up 1.4%, FactSet information present.