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October 6, 2008

UPDATE 1-COMMODITIES-Commodities tumble; gold seen safest – Reuters- News

Filed under: Uncategorized — Tony Spann @ 9:29 pm

LONDON, Oct 6 (Reuters) – Oil prices hit an eight-month low on Monday and demand worries battered base metals and agricultural products, as investors dumped commodities on deepening fears of global recession. Gold traded near a two-week low before recovering as investors rushed to safety, offsetting the firmer dollar. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. For a complete list of exchanges and delays, please click here . read more

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