The U.S. and Russia reached a deal yesterday whereby Syria will have a week to provide information about its chemical weapons and then until the middle of next year to let international inspectors destroy them.
Given Syria's civil war, it's not clear how realistic the timetable is. Still, Russia and the U.S. hope that the agreement could pave the way for a broader deal to end the conflict.
If the agreement is not implemented, the U.S. is prepared to take military action, President Obama said.
Gold and oil ended the week lower on Friday as the anxiety over Syria continued to wane.