Gold prices wrapped up their worst week since right after the November U.S. election, when traders who had piled into the precious metal moved money back into riskier assets.

1439 ET – Front-month gold finishes up 0.1% to $3,040 a troy ounce, a new record—marking the eighth straight session that front-month gold futures settled higher, climbing 5% over that span.

Gold futures eked out another record high on Thursday, marking the eighth straight session that front-month gold settled higher, climbing 5% over that span. Gold buyers were encouraged by the ...