Activity remained relatively quiet in the eurozone, while China and Japan had no economic reports scheduled for Friday.
Activity could be light in gold trades next week as many investors take a break for the holiday week and others square away their books for the end of the month, quarter and fiscal year.
As a final note, House Majority Leader Eric Cantor said the House would reconvene sometime after Christmas. This means Congress may attempt to reach a fiscal cliff deal sometime before Jan. 1, but it's unclear what, if any, negotiations will accomplish.
Gold mining stocks were mostly higher on Friday. Shares of NovaGold Resources (NG) were rising 2.3%, and shares of Yamana Gold (AUY) were climbing 2.1%
Among volume leaders, Barrick Gold (ABX) shedding 0.55%, while Newmont Mining (NEM) was up 1.3% Gold ETF SPDR Gold Trust (GLD) was adding 0.34%, while iShares Gold Trust (IAU) was increasing 0.37%. -- Written by Joe Deaux in New York. >Contact by Email. Follow @JoeDeauxSelect the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV