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Gold, oil turn higher as dollar weakens

Daily newsbrief journal for July 2011, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Gold, oil turn higher as dollar weakens

Postby admin » Tue Jul 26, 2011 1:41 pm

Gold, oil turn higher as dollar weakens
SAN FRANCISCO (MarketWatch) -- Gold and crude-oil futures changed course in midday trading Tuesday, gaining as the dollar weakened. Gold for August delivery added $1.50, or 0.1%, to trade at $1,613.70 an ounce on the Comex division of the New York Mercantile Exchange. A close around these levels would be a record for the metal. September crude oil rose 22 cents to $99.41 a barrel on the Nymex.
http://feeds.marketwatch.com/~r/marketw ... story.aspx
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