Gold futures jumped on Friday, aiming for their seventh-straight positive session, and hurdling toward a nearly three-month high to wrap up the final trading day of 2017—a year in which the yellow metal will book a roughly 13% gain.
February gold GCG8, +0.59% the most active contract on Comex, rose $8, or 0.6%, to $1,305.30 an ounce, retaking the psychologically significant level of $1,300, approaching its highest settlement level since late September, according to FactSet data. Gold is headed for a roughly 2.3% gain for December, its best month since August.
