Commodity Prices Surge, Led by Gold and Crude Oil
Gold and crude oil prices saw significant increases in Monday's trading, reflecting a volatile commodities market.
- Benchmark U.S. crude oil for May delivery rose 54 cents to $83.71 per barrel.
- Brent crude for June delivery increased by 42 cents to $87.42 per barrel.
- Gold for June delivery experienced a notable rise of $18.70, reaching $2,257.10 per ounce.
- While most commodities saw increases, wholesale gasoline for May delivery slightly fell by 1 cent to $2.71 a gallon.
- The dollar strengthened against the yen, rising to 151.66 from 151.40, while the euro fell to $1.0738 from $1.0791.