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Gold futures finish lower for the week Friday, as recent comments by the top U.S. central banker squashed hopes of immediate stimulus, lifting the dollar and sinking prices a day earlier, but the metal ended the session on a positive note.
Beware the broker who tells you now is a good time to buy stocks. Mark Hulbert, on the myth of the summer rally.
Gold futures, mostly higher ahead of Friday’s New York close, are poised to log a weekly loss in the wake of dashed hopes about immediate U.S. stimulus and as President Obama takes a harsher tone toward Europe’s debt and fiscal woes.
U.K. stocks end lower on Friday as falling commodity prices weigh on resource stocks.