|  Weaker-than-expected U.S. employment data set the direction of markets on Friday. The numbers rattled the dollar early and lifted gold which moved above $1200 an ounce and higher for an eighth straight session — its longest rally since November.
Silver tracked gold for the day and week, but platinum and palladium settled lower for both over concerns their industrial demand would weaken in a slowing economy. Crude oil and U.S. stocks were punched lower Friday by the jobs data, but still managed sizable weekly gains as the major indexes grew between 1.50 and 1.90 percent. European stocks were lower on Friday but higher for the week as well.... Read the rest of Bullion Prices and Business Weekly Update – August 7, 2010 (1,230 words) © 2010 CoinNews Media Group LLC 
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