Gold Drops for Seventh Day, Platinum Joins as Mint Puts Eagles Back on Sale
It was another down day for precious metals on Friday. New York silver, gold and platinum futures fell 3.1 percent, 2.1 percent, and 1.2 percent, respectively. Gold marked its largest weekly decline in two months, losing 8.3 percent.
While platinum was whacked around this week too, it wasn’t all bad news — at least for coin collectors. In an unexpected move Friday, the US Mint returned American Eagle Platinum coins to their online store, and at substantially reduced prices.
Oil changed its tune today, recovering nearly half of Thursday’s losses. November crude gained $2, or 2.9 percent, to close at $71.85 per barrel.
December silver fell 30 cents to close at $9.34 an ounce.
January platinum dropped $10.30 to end at $881 an ounce.
Gold for December lost $16.80 to settle at $787.70 an ounce.



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