Dhaka, Bangladesh (BBN) - Crude oil for July delivery rose as high as USD 62.26, gaining 38 percent this year. Commodities and linked currencies gained on US$’s fall to a two month low against EUR as investors turned to assets likely to gain in the face of economic recovery.
Gold gained 3 percent last week, rising to US$ 958.98 as a falling US$ saw investors turning to safer assets to store value.
BBN/SS/SI/AD-24May09-2:40 pm (BST)