Commodity Prices Surge, Dollar Weakens
Crude oil and gold see significant increases, while the dollar falls against the yen and the euro.
Overview
- Benchmark U.S. crude oil for January delivery rose $1.55 to $76.41 per barrel.
- Brent crude for January delivery rose $1.70 to $81.68 per barrel.
- Gold for February delivery rose $27.20 to $2,060.20 per ounce.
- The dollar fell to 147.44 yen from 148.62 Japanese yen.
- The euro rose to $1.0991 from $1.0955.