Bullion & Business Weekend Report – April 18

For the fourth straight week, gold and silver fell while platinum rose. London gold lost 1.1 percent, silver dropped 2.6 percent, and platinum added 1.7 percent. Oil futures picked up Friday to end above $50 a barrel, but declined 3.7 percent this week. U.S. stocks rallied for the sixth consecutive week to match a streak set back in May 2007.

In spot precious metals, week-ending figures follow:

London silver ended Friday at $11.98 an ounce, falling 32 cents this week.

London gold was fixed at $870.50 an ounce, declining $10.00 for the week.

London platinum climbed to $1,215.00 an ounce, rising $20.00 on the week.

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