Gold Scores Sixth Weekly Gain
From coinnews.net
Precious metals declined on Friday, padding losses on the week for silver, platinum and palladium while trimming the weekly increase for gold — its sixth straight. Falling for a second session following five straight gains, gold for February delivery dipped 60 cents, or 0.03%, to settle at $1,929.40 an ounce on the Comex division of the New York Mercantile Exchange. "Gold has had a good run in the last few weeks benefitting from the downturn in the U.S. dollar," Colin Cieszynski, chief market strategist at SIA Wealth Management, told MarketWatch. Gold prices ticked 0.06% higher on the week, and they are ahead 5.7% ...
(full story)