london ftse

Business & Bullion Weekend Report - Oct. 24

Topix - Business News  Sat, 10/24/2009 - 10:56

Precious metals enjoyed modest gains on the week as the US dollar was the predominating driver of where prices went.

A weaker greenback on Friday combined with lower crude oil prices helped gold slide slightly from earlier week highs.

Oil did jump nearly 3.5 percent this week while gasoline prices at the pump were almost 13 cents higher than last Saturday.

In other markets, US stocks declined for the first week in three while European indexes finished mixed with the London FTSE advancing.