Gold futures on the COMEX division of the New York Mercantile Exchange fell on Friday as U.S. treasury yields rose sharply. The most active gold contract for April delivery fell 8 U.S. dollars, or 0.41 percent, to close at 1,954.2 dollars per ounce. Nevertheless, gold rose 1.3 percent for the week. Traders have been watching the developments in the Russia-Ukraine conflict and assessing the largely hawkish comments from Federal Reserve officials this week.