Gold prices inched lower for a new 5-year settlement low.
Prices have moved down four weeks in a row amid speculation the Federal Reserve will raise interest rates next month.
Dec. gold fell to $1,080.90/oz, down 10 cents for the day for a weekly loss of 0.6%.
With retail and wholesale inventories showing notable increases, the Commerce Department released a report on Friday showing unexpected growth in U.S. business inventories in the month of September.
The report said business inventories rose by 0.3 percent in September.
The material has been provided by InstaForex Company – www.instaforex.com