Commodities

Weak Greenback Boosts Gold

09/28/07 - 02:56 PM EDT

TSC Staff

Metals prices rose Friday in New York, with gold and silver posting sharp gains as the value of the U.S. dollar continued to decline.

Gold added $10.10 to $750 an ounce late in the session, and silver jumped 28 cents to $13.92 an ounce. Copper was also stronger.

Among agricultural commodities, wheat rose 1%, while cocoa slipped. Live cattle and lean hogs fell, as did coffee.

The commodities-tracking Reuters/Jefferies CRB Index was down 1 point to 335.63.

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