Friday, July 13, 2007
Gold and silver decline on day, gain on week
Story link: Gold and silver decline on day, gain on week
by Elaine Frei
by Elaine Frei

Prices for precious metals were lower on the day Friday in New York.
Gold closed at $667.30 per troy ounce, a decline of $1 on the session.
However, it still managed a gain of 1.9 percent over the week.
Some analysts predicted that gold would fall to around $640 per troy ounce in the coming month, a steeper decline than had been predicted earlier.
Silver, meanwhile, dropped 7 cents to $13.11 per troy ounce, but also pulled out a gain for the week, adding 2.8 percent.
October platinum was also lower, falling $3.20 on the session to $1.,327.50 per troy ounce.
September palladium ended the session $1.30 lower to close at $371.45 per troy ounce.
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