Gold drops 1 pct on weaker oil
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Gold shrugged off a tumbling U.S. dollar and fell more than 1 percent on Monday as investors cashed in on the metal's rally to its highest in nearly three decades last week.
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Sharp falls in Anglo American and miner Gold Fields pushed South Africa&#39;s benchmark JSE Top-40 index 1.7 percent lower on Monday.
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Oil prices fell nearly 1 percent to  below $93 a barrel on Tuesday, fading from their latest record  high as investors took profits from a rally fuelled by a  Mexican supply outage and the spiraling dollar.
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Crude oil futures fell more than $1 a barrel yesterday to their lowest level in more than a month as traders took cues from OPEC officials signaling their willingness to accept lower prices before cutting output.
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Oil prices fell below &#36;73 a barrel on  Tuesday in thin trade, but nagging fears about supply  disruption and expectations of strong U.S. demand for gasoline  were expected to prevent a deeper sell-off.
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Gold bounced off a one-week low on Wednesday as bargain hunters swooped, but trading was seen volatile after a slide in Chinese shares triggered a global stock market sell-off.
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Gold futures briefly rose above $900 an ounce Friday for the first time driven by high oil prices, a weak dollar and fears of a U.S. recession
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Oil prices eased on Thursday, trimming gains from a $1 rally the previous day following President George W. Bush&#39;s US.election victory.
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Oil dropped more than $2 a barrel on Friday, joining a slump across the commodities markets amid concern higher interest rates could slow economic growth and cool demand.
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Oil prices slipped Friday after a shockingly weak US employment report fanned worries about recession and demand in the world's biggest energy consumer.
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Gold gained more than 1 percent to   above $593 an ounce on Tuesday, tracking higher crude oil   prices and a weaker dollar, but trading may be cautious ahead   of the release of key U.S. data.
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WASHINGTON -- Oil prices fell by more than $1 a barrel yesterday , dipping below $67 as traders focused on slackening demand and rising supplies.
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Oil prices fell again on Tuesday, easing  U.S. crude below $53 a barrel, on signs that energy costs are  slowing the economic growth that fueled this year's sharp  increase in world petroleum consumption.
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Oil fell more than $1 a barrel on Wednesday after a U.S. government report showed larger-than-expected increases in crude and gasoline stockpiles in the world's top consumer.
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THE Australian dollar opened half a US cent lower today weighed down by a broad US dollar rally on Friday night and a weaker gold price.
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World oil prices slipped Monday, tracking a slump in global stock markets as investors worry about slowing economic growth and a risk of recession in the United States.
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Oil prices dipped below $62 on Monday, extending last week's losses, as concern over brimming global fuel inventories offset a likely second OPEC supply cut and news of deepening Saudi export curbs.