WASHINGTON (dpa-AFX) - Gold futures nudged higher Friday, trimming this week's losses.
Dec. gold gained $1.30, or 0.1%, for the session to finish at $1,325.90/oz. Gold was down 1.5% for the week.
Traders reacted to a speech from Federal Reserve chair Janet Yellen indicating a willingness to hike interest rates.
The Federal Open Market Committee 'continues to anticipate that gradual increases in the federal funds rate will be appropriate over time to achieve and sustain employment and inflation near our statutory objectives,' Yellen said in Jackson Hole.
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