Dhaka, Bangladesh (BBN) - Crude oil traded at around USD 78 per barrel level after rising above USD 79 a barrel for the first time in 17 months on concerns that demand will increase as the global economy recovers from recession.
Gold futures fell from its record high with a rising dollar and falling equities that weighed on investor confidence. Gold traded around the USD 1,050 per ounce level this morning in Singapore.
BBN/SS/SI/AD-19October09-12:46 pm (BST)