Mubasher: Gold went down at Friday’s settlement, losing $1.1 for the week.

Comex December gold decreased by $7.9, or 0.5%, to settle at $1,499.5 per ounce.

By 07:00 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, edged down by 0.06% to 98.25.