[BRIEFING.COM] Gold garnered support in the face of weakness in the broader commodities space. The yellow metal made its way to a new record high of $1101.90 per ounce before pulling back a bit to settle at $1096.00 per ounce, which translates to a 0.6% gain.

Silver followed in early action, but faltered to settle with a 0.2% loss at $17.38 per ounce.

Energy performed poorly. As such, contracts for crude closed with oil priced 2.9% lower at $77.35 per barrel. Natural gas contracts closed at $4.60 each, down 3.8%.

In broader terms, the CRB Commodity Index fell a considerable 1.8%. That took it to a weekly loss of 0.3%.