Oil & Gold (XAU) submitted to Dollar strength but did not move sharply lower as sovereign debt concerns offered support to the alternate currency. Overall trading with a low of USD$1378 and high of USD $1397 before ending the New York session at USD$1395 an ounce. Oil bucked the trend of most commodities with a major drop in US Oil inventories inspiring a sharp pop above $89. WTI Oil Closed $0.50 at $88.75 a barrel.
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