It was a banner week for precious metals and oil. London gold rose 3.3 percent, silver surged 5.3 percent, platinum jumped 3.6 percent and crude-oil soared 8.2 percent.
U.S. stocks gained as well. The Dow and S&P rose for a ninth weekly gain in eleven weeks and the Nasdaq is up for ten of the past eleven weeks.
European stocks were higher as well.
Bullion & Business Weekend Report - June 20
Precious metals declined on the week with a strong U.S. dollar once again taking most of the blame. London gold slid lower for week three while silver and platinum retreated for week two. In...
Business & Bullion Weekend Report, July 4
Precious metals were pressured this week with the U.S. dollar pushing higher. London gold and silver fell after gaining last week. Platinum declined for week four. New York crude-oil and U.S....
Bullion & Business Weekend Update - June 13
Precious metals were under fire this week as strength in the U.S. dollars made buying - especially in gold - less appealing. London gold ended lower for the second straight week after...
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