Business & Bullion Weekend Report - Dec. 12

Courtesy Topix - Business News  Sat, 12/12/2009 - 13:32

Precious metals retreated in the U.S. on Friday and ended lower around the world for the week as gold tracked opposite of the dollar's movement and the other metals followed the yellow metal.

Silver declined the most, with weekly losses of more than 7 percent. Gold was in the middle while platinum declined the least.

Crude oil also plunged more than 7 percent.

In stocks, major US indexes rose on Friday but ended mixed for the week. European indexes finished the week lower.


 

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