• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Market
    News
    Stocks
    • Market
    • News
    • Stocks

    Gold Down Nearly 3 Percent, Oil Drops Over 4 Percent

    Vivien Diniz
    Dec. 14, 2011 10:42AM PST

    Eurozone debt concerns along with a declining euro have pushed commodities down with gold and oil posting significant declines.

    Commodities slumped on Wednesday with gold and oil leading the pack as Eurozone worries continue, amplified by a declining euro.

    Gold dropped below a 200-day moving average with spot prices posting a near 3 percent decline to $1,585.49 by 16:00 GMT. January crude oil fell in its biggest single-day drop since September 22 to $95.76 on the NYMEX.

    Read the full report on Bloomberg.

    gold and oil
    The Conversation (0)

    Go Deeper

    AI Powered

    Gold Dips Below $1400/Ounce While Dollar Gains Momentum

    Gold Enjoys Small Rally

    Latest News

    Canada One Mining: Positioned for Significant Copper Discovery in  British Columbia

    Locksley Produces High Grade Antimony Concentrate

    Trading Halt

    Providence Gold Mines: Unlocking Untapped, High-grade Gold Deposits in the historic Mother Lode Gold Belt in California

    Blue Jay Gold: Building the Next Multi-million-ounce Gold Portfolio in Canada

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES