Gold slightly lower on day, down 1.2% on week

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Gold slightly lower on day, down 1.2% on week

Financial Markets News 0

SAN FRANCISCO (MarketWatch) — Gold futures closed with a minor loss on Friday[1], marking a decline of more than 1% for the week for their first weekly decline in three. “The only real element that is weighing on gold is the same one that is bolstering it: uncertainty in the Ukraine and where the situation goes from here,” said Kevin Kerr, editor of the ITrustGold.com 2014 Gold SuperCycle Report. “Investors hate uncertainty and always look for shelter in the storm during such situations.” Ju…



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