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2y ago

Commodity Prices Surge as Dollar Weakens

Crude oil, gold see significant increases while the dollar falls against the yen and euro.

Overview

U.S. crude oil for January delivery rose $2.11 to $71.58 per barrel.
Brent crude for February delivery rose $2.35 to $76.61 per barrel.
Gold for February delivery rose $47.60 to $2,044.90 per ounce.
The dollar fell to 142.05 yen from 143.18 Japanese yen.
The euro rose to $1.0991 from $1.0886.