Tag Archives: Commodities

Commodity Rout Pummels Miners, Energy Shares; Stocks End Mixed

The rout in commodities worsened as the prospect of higher U.S. interest rates sent gold to the lowest level in more than five years and oil beneath $50 a barrel. Bullion lost 2.2 percent to settle at $1,106.80 an ounce by 4 p.m. in New York, sending the Bloomberg Commodity Index to a 13-year low. Mining stocks drove equity losses ...

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