Gold futures were down Friday, easing from 13-month highs as stocks rallied along with crude oil prices.
With gold losing a bit of its safe haven appeal, April gold futures settled at $1,259.40/oz, down $13.40 for the session.
Price were lower by 0.9 percent for the week.
There was some optimism about the European Central Bank’s new stimulus measures announced on Thursday.
Import prices in the U.S. saw a continued decrease in the month of February, according to a report released by the Labor Department on Friday.
The import price index dipped by 0.3 percent in February after tumbling by a revised 1.0 percent in January.
The material has been provided by InstaForex Company – www.instaforex.com