Gold futures edge down for the session, gain over 3% for the week

Banking finance concept background – stacks of gold bars close up

Gold futures finished with a modest loss on Friday, pressured on the back of strength in the U.S. stock market, the dollar and bond yields, but worries about the economic impact of a resurgence in COVID-19 cases helped the precious metal tally a weekly climb. August gold GCQ20, -0.13% fell $2.50, or 0.1%, to settle at $1,737.30 an ounce, giving back some of the 1.1% gain from a day earlier. For the week, prices for the most-active contract rose 3.2%, according to FactSet data.

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