Gold futures prices ended the U.S. day session with solid gains Friday, hit a two-week high and closed at a technically bullish weekly high close.
Economic Reports
U.S. Stocks Retreat From Highs on Economic Reports
Gold Silver Reports (GSR) – U.S. Stocks Retreat From Highs on Economic Reports — U.S. stocks were mixed Friday after positive manufacturing and consumer sentiment reports were countered by slower growth forecasts. Ten-year Treasury yields rose and the dollar gained.
U.K. Economy Caps Challenging Year With Surprise Growth Pickup
Gold Silver Reports – The U.K. ended a difficult year on a stronger-than-expected note. – Gross domestic product rose 0.5 percent in the fourth quarter, faster than the 0.4 percent forecast, figures from the Office for National Statistics Friday show.