After beginning lower, most commodities prices reversed course on Thursday when the dollar turned downward, with natural gas, corn, and gold rallying well over 2 percent, silver jumping more than 5 percent and oil hitting a four-month high.
Crude oil prices rose on both sides of the Atlantic, with Brent prices hit a four-month high on fears that escalating violence in Egypt could affect the Suez Canal or spread across the Middle East, where supplies already face disruptions. Front-month September Brent, which expired on Thursday, settled 91 cents higher at $111.11 a barrel, after hitting its highest since April 2. More-active October oil was up 78 cents at $109.60...............................................Full Article: Source
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