Gold ends lower as Cyprus concerns cool

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Associated Press

Posted on March 22, 2013 at 3:00 PM

Updated Friday, Mar 22 at 3:02 PM

NEW YORK (AP) — Gold is ending the week lower, as investors looked for signs that the banking crisis in Cyprus could be resolved before long.

April gold fell $7.70 to settle at $1606.10 an ounce. May silver was down as well. Copper, platinum and palladium moved higher.

Agricultural contracts are mixed with wheat finishing higher, corn and soybeans down.

Benchmark crude oil rose $1.26 to end at $93.71 a barrel.

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