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Oct. 30, 2020, 1:45 p.m. EDT

Gold futures climb for the session, but lose 0.8% for the month

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    Gold Dec 2020 (GCZ20)

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By Myra P. Saefong

GCZ20

Gold futures climbed Friday to recoup some of the losses they suffered as the U.S. dollar strengthened, but prices for the metal ended lower for the month. After the U.S. presidential election next week, traders will be looking to "stimulus legislation, inflationary prices [and] large debts, so gold can resume the upward trend towards $2,000," said George Gero, managing director at RBC Wealth Management. December gold /zigman2/quotes/210039572/delayed GCZ20 +0.18% rose $11.90, or 0.6%, to settle at $1,879.90 an ounce. For the month, prices based on the most-active contract lost 0.8%, according to Dow Jones Market Data.

/zigman2/quotes/210039572/delayed
US : U.S.: Nymex
$ 1,828.90
+3.20 +0.18%
Volume: 5.00
Dec. 2, 2020 6:53p
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