Business & Bullion Weekend Report, July 25

Courtesy Topix - Business News  Fri, 07/24/2009 - 23:44

Precious metals prices were higher for the second straight week but no explosive breakouts were seen, although silver jumped nearly 5 percent in London and 3.6 percent in New York.

As for gold, a weaker U.S. dollar and rising crude-oil prices helped support the yellow metal through most of the week.

U.S. stocks finished mixed on Friday, but they jumped 4 percent this week on better than expected earnings reports.

European stocks gained for the second straight week...


 

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