Daily Gold Update

Source: Marketwatch

San Francisco— Gold futures fell Friday to close at their lowest level since early July, finishing the week with a loss of almost $25 an ounce, with pressure coming from renewed strength in the U.S. dollar and sharp declines in the broader stock market.

Gold for August delivery fell $2.70 to close at $660.10 an ounce on the New York Mercantile Exchange Friday. That was the lowest closing level the contract has seen since July 6. See full story.