metal futures

Business & Bullion Weekend Report - Nov. 14

Topix - Business News  Sat, 11/14/2009 - 12:54

Precious metals were up and down through much of the week as the US dollar mostly set gold's direction. While metal futures finished with higher weekly gains in New York, silver was the standout in London logging a 1.2% loss.

Oil slipped to a one-month low Friday following weaker than expected US consumer confidence numbers.

In stocks, European indexes ended mixed on Friday but higher on the week while US indexes were positive both ways, enjoying a second consecutive up week.