Bullion & Business Weekend Report – June 27

Precious metals split this week and experienced narrow movements. Gold appeared slightly more attractive to investors as the U.S. dollar showed weakness. The yellow metal in London ended higher for the first week in four while silver marked its first gain in three. Platinum, however, retreated for week three.

In other markets, crude-oil fell below $70 to register a second week of losses while U.S. stocks finished mixed. Major European indexes moved lower.

In London for the week, gold modestly climbed 0.7 percent, silver inched 0.2 percent higher, and platinum slid 0.7 percent. Precious metal figures follow:

Silver closed Friday to $14.26 an ounce, gaining 3 cents this week.

Gold was fixed at $942.00 an ounce, rising $6.75 on the week.

Platinum fell to $1,203.00 an ounce, declining $9.00 for the week.

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