Gold futures declined on Friday as the U.S. dollar saw modest strength. Prices posted a gain for the week, however, buoyed by expectations for further fiscal stimulus under the newly inaugurated President Joe Biden, which could weaken the dollar and lift dollar-denominated prices of gold. February gold /zigman2/quotes/210035429/delayed GCG21 -0.30% fell $9.70, or 0.5%, to settle at $1,856.20 an ounce. For the week, prices based on the most-active contract were up 1.4%, FactSet data show.
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