london metals

Business & Bullion Weekend Report - Aug. 8

Topix - Business News  Sat, 08/08/2009 - 16:05

Precious metals carried momentum from last Friday into the new week and tilted higher until the week's close. Gold edged lower Friday as the U.S. dollar strengthened and crude-oil prices weakened to fall from a five-week high.

London metals trended higher through most of the week, marking solid gains.U.S. stocks reached fresh heights for the year while European stocks rose for the fourth straight week.