Precious metals were pressured this week with the U.S. dollar pushing higher. London gold and silver fell after gaining last week. Platinum declined for week four. New York crude-oil and U.S. stocks tumbled Thursday in a holiday shortened week while European stocks were split Friday but closed down on the week as well.

In London weekly changes, gold slid 1.0 percent, silver plunged 5.8 percent, and platinum fell 1.5 percent. Precious metal figures follow:

Silver closed Friday to $13.44 an ounce, falling 82 cents this week.

Gold was fixed at $932.50 an ounce, declining $9.50 on the week.

Platinum fell to $1,185.00 an ounce, slipping $18.00 for the week. Read the rest of this entry »