The video this transcript is based on appeared on December 19.
NEW YORK ( TheStreet) -- Gold prices closed at their lowest level in more than three years and oil prices climbed to their highest level since October.
And a good evening to you, I'm Ruben Ramirez in for Jane Searle.
A plunge in gold prices today. The precious metal ended the session at its lowest level in more than three years. Gold for February delivery tumbled $41.40, or 3.4%, to settle at $1,193.60 an ounce on the Comex division of the New York Mercantile Exchange. Meanwhile, oil futures settled at their highest levels since late October, gaining 97 cents, or 1%, to settle at $98.77 a barrel.
And in corporate news Target shares tumbled 2% on word of a data breach that affected 40 million credit and debit card accounts. The breach occurred between November 27th and December 15th at stores across the country. Online sales were not impacted.
On Wall Street I'm Ruben Ramirez in New York. Have a great evening.
Written by Ruben Ramirez in New York.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV