Gold Futures Gain 0.5% to $2,050, End Week with $50 Range
Gold futures on CME Group climbed 0.5% Friday to settle at $2,050 per ounce after a week featuring a $50 trading range from $2,010 to $2,060. Elevated intraday swings reflected investor caution as markets weighed US inflation signals and Federal Reserve minutes.
1. Gold Futures Close Higher After Volatile Week
Gold futures on CME Group finished the week 0.5% higher at $2,050 per ounce, capping a week of heightened volatility that saw intraday swings spanning $50 between session lows and highs. Trading volumes rose as investors digested mixed US inflation readings and examined Federal Reserve meeting minutes, leading to sharp reversals and cautious positioning throughout the week.
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