Crude Rebounds in Concert with Stocks. Gold Slips as European Concerns Ease

Crude oil gained for the first time in 3 days despite downgrades in price forecasts by the US Energy Department and consensus of crude stock-build last week. Gold pulled back after climbing to 1264.7, $1.6 below all-time high, as increase in risk appetite drove investors to higher-yield investments.

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Crude Rebounds in Concert with Stocks. Gold Slips as European Concerns Ease

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