NEW YORK (Commodity Online) : Global oil prices managed to finish the week on a high note while the bullion fell to its lowest in two weeks on Friday. Light sweet crude for December closed $1.13 higher at $81.69 a barrel while in London, Brent crude for delivery in December also rose $1.13 to $82.96 a barrel. Get the most comprehensive analysis and insight into India pulses market. Subscribe to Commodity Online Info Service Analysts said the black gold recovered as the US dollar renewed its slide and ongoing strikes in French refineries and ports pushed prices higher. The lower dollar makes oil prices cheaper outside the US, boosting demand. Gold for immediate delivery fell to its lowest in two weeks while silver fell below $23 an ounce to its lowest in more than ten days on Friday, both metals undermined by a strengthening dollar. Spot gold fell to $1,315.85, its lowest since October 5, and ended at $1,316.35 while Gold futures for December delivery fell 50 cents to settle at $1,325.10 an ounce on the Comex in New York. Spot silver fell to $22.82, and was last at $22.83 per ounce, down from $23.18 late on Thursday. The US dollar renewed its decline against key currencies Friday as investors expected the Federal Reserve to inject cash into the markets in order to boost the economy. Gold futures fell, capping the biggest weekly slide since early July, as the US dollar rebounded, eroding demand for the precious metal as an alternative investment. On Friday, holdings in the SPDR Gold Trust, the biggest exchange-traded fund backed by the metal, decreased 0.91 metric ton to 1,298.27 tons, the fifth straight decline. Silver futures for December delivery fell 2.1 cents to $23.118 an ounce on the Comex. This week, the price dropped 4.8 per cent, halting a five-week rally. Platinum futures for January delivery rose $1.70, or 0.1 per cent, to $1,675.10 an ounce on the New York Mercantile Exchange. The metal declined 1.2 per cent this week

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