Gold and platinum dazzled this week and closed Friday at all-time highs. Bullion prices were spurred along by the Fed’s emergency rate reduction last Tuesday, the expectations of further cuts in their next meeting on Wednesday, the dollar’s weakness, solid oil prices and the closing of South African mines on Friday due to a power crisis.

At a glance London Fix numbers after Friday’s close:

The silver, gold and platinum weekly charts are below as well as the business week wrap up video, an interesting video regarding gold and platinum from a Midas Fund Manager and three related articles.

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The precious metals weren’t as precious this week with London silver, gold and platinum closing lower Friday compared to Monday’s highs.

London Fix numbers as reported at Friday’s close:

• Silver at $15.83
• Gold at $882
• Platinum at $1,560

The new and improved silver, gold and platinum weekly charts are below as well as two videos and two linked articles:

• A MarketWatch interview with a Kitco senior analyst titled, Gold at $1,000?
• Goldman Sachs Hints At $1,000 Gold Potential & Weaker Dollar
• Consultant GFMS predicts $1,000 gold this year
• A Reuters video report covering Friday index closes and reviewing the week in business

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