Oil, Gold Prices Jump on Global Uncertainties
By Naveen Athrappully Gold and oil prices jumped in early trade on Monday following heightened geopolitical tensions in the Middle East. Spot gold opened at around $2,640 per oz. on Monday and was trading at $2,661 as of 2:15 p.m. EST, up nearly 0.8 percent. Brent crude oil futures, which opened at $71.22 per barrel, were trading at $72.23, an increase of over 1.4 percent.
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