Gold futures finished higher, though rising dollar caps gains

By Laura Mandaro & Nick Godt, MarketWatch

SAN FRANCISCO (MarketWatch) -- Gold futures gained Friday, helped by technical factors after gold dropped sharply in the prior session, though gains were limited as the dollar advanced on news of a simmering oil conflict between Iraq and Iran.

Gold for February delivery finished with a gain of $4.10, or 0.4%, at $1,111.50 an ounce. Gold for January delivery rose $4 to $1,110.80 an ounce.

For the week, the most active contract has lost about 1.1%, flattened by a rising dollar.

Friday's expirations of stocks, commodities and other options known as quadruple-witching, and other technical factors, contributed to the turnaround in bullion, said Doug Keller, managing director at Binary Research, a commodities research firm.
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