Dhaka, Bangladesh (BBN) - Crude oil futures reached a one-year high on expectations that fuel demand will increase amid improved prospects for an economic recovery in the US.
Crude oil climbed to a high of USD 75.94 a barrel, the highest intraday price since October 2008, to finally settle at USD 75.89 per barrel.
Gold prices forged a record high of USD 1,068.63 an ounce in London yesterday as the USD dropped against the EUR, according to reports.
BBN/SS/SI/AD-15October09-12:50 pm (BST)