Oil & Gold (XAU) pushed higher on the US downgrade as sovereign risk supported with the precious metal an alternative investment to currency. Overall trading with a low of USD$1477 and high of USD $1498 before ending the New York session at USD$1495 an ounce. Crude Oil fell back on market wide moves lower in most commodities. WTI Oil Closed -$2.54 at $107.20 a barrel.
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