Precious metals rose slightly for the week, but stocks turned lower. London silver, gold and platinum gained 0.8 percent, 0.2 percent, and 1.3 percent, respectively. The Dow declined 4.1 percent, following its 11.3 percent rally last week. The S&P lost 3.9 percent on the week, and the Nasdaq dropped 4.3 percent from last Friday’s close.

According to AAA, the average price of regular unleaded gasoline decreased for the 52nd straight day. The average price dropped to $2.282 per gallon in the U.S., a level not seen since February 24, 2007.

December crude gained 27 cents, or 0.4 percent, to close to $61.04 a barrel. The contract has lost $6.77, or 10 percent from last Friday. OPEC president Chakib Khelil reportedly said on Saturday that further cuts in production may be on the way.

London silver ended at $10.13 an ounce — a gain of 8 cents on the week, or 85 cents from last Friday.

London gold closed to $735 an ounce, rising $1.25 for the week, or $5 from last Friday.

London platinum climbed to $849 an ounce — a gain of $11 for the week, or $35 from last Friday.

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