Published September 11, 2015 2:09pm EDT | Updated September 11, 2015 3:05pm EDT

Gold Futures Settle 1.6% Lower For The Week

Gold futures finished with a loss on Friday, down 1.6% for the week as traders mulled the outcome of the Federal Reserve's policy meeting next week. "The better-than-expected [U.S.] producer prices keep the Fed on course for raising interest rates--a tailwind for the U.S. dollar and a headwind for gold," said Colin Cieszynski, senior market strategist at CMC Markets. December gold lost $6, or 0.5%, for the session to settle at $1,103.30 an ounce on Comex.