Oil prices fall, gold steady near $1,090

Last updated: January 28, 2010

Dhaka, Bangladesh (BBN)- Oil prices fell below US$ 74 a barrel due to US product inventory build ups and ongoing weak demand in the world’s top oil consumer.

Gold steadied near $1,090 an ounce after falling previously when the Federal Reserve voiced cautious optimism on the US economy, according to reports.

BBN/SS/SI/AD-28January10-11:20 am (BST) 

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