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Crude Oil, Gold Stung by Rising Dollar

Stock quotes in this article: USO , GLD , NEM , FXE , FXY , FXB  

Gold and oil prices were sliding Tuesday after an unexpectedly sound economic report boosted the value of the dollar against the other major currencies.

Benchmark bullion futures were losing $11.10 at $926.70 an ounce in recent action on the New York Mercantile Exchange. Near-dated crude contracts were losing $2.84 at $121.89 a barrel.

The drop came as the euro fell to $1.5596 from $1.5751 late Monday. The British pound was selling for $1.98, down from $1.9946 a day earlier, and the yen slid to 108.2 from 107.5. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
Data delayed 20 minutes

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