20.10.2009 - Commodity markets: gold and oil continue higher
From AP and other sources: Gold has added 1% last session, currently trading at $1067.50/oz, as the weakening USD continues to give bulls reasons to buy. The dollar resumed its fall against other currencies Monday, lifting commodities like gold, copper and oil. Crude oil futures briefly traded above $80/bbl and are currently up 0.4% on the day, sitting just below the round number. The Reuters/Jefferies CRB index, a widely used measure of commodities trading, soared 1.3 percent to its highest level of the year. The index is up 21.8 percent year-to-date, after plunging about 50 percent in the last six months of 2008........................Full Article: Source
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