Gold futures suffer first weekly decline since mid-December

Gold futures fell on Friday, suffering from their first weekly decline since mid-December as optimism surrounding the U.S.-China trade dispute contributed to gains in the U.S. stock market and strength in the dollar. February gold GCG9, -0.80% settled at $1,282.60 an ounce, down $9.70, or 0.8% for the session. That was the lowest finish for a most-active contract so far this year, with prices down about 0.5% for the week, according to FactSet data.

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