Pressured lower on Monday by a stronger U.S. dollar and plunging oil prices, gold dropped near $920 an ounce. Silver and platinum followed with harsh declines while U.S. stocks suffered sinking losses.
Gold Rises as Stocks Tumble
Gold prices edged higher Tuesday with a sharp drop is U.S. in stocks cited as the main catalyst for the yellow metal's gain. Silver advanced as well to above $15 an ounce while platinum...
Oil above $109 ahead of key crude demand reports
Oil prices dropped to above $109 a barrel Tuesday in Asia, extending losses from the previous session ahead of key reports on the impact of rising fuel costs on global crude demand.
Stocks point higher as oil rise continues
Wall Street looked set for a higher open Monday and recoup Friday’s losses even as oil prices continued to spike on unrest in the Middle East and North Africa.
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