Gold falls on weaker oil, ignores N.Korea news Reuters via Yahoo! News Gold fell nearly one percent on Tuesday as a drop in oil prices on healthy fuel inventories in the United States reduced the metal's appeal as a hedge against inflation, dealers said. Canadian Stocks Retreat Most in 3 Months as Oil and Gold Tumble Bloomberg.com Oct. 3 (Bloomberg) -- Canadian stocks fell, heading for their biggest retreat in more than three months, as oil and gold prices tumbled. Energy and raw-materials companies including Petro-Canada and Barrick Gold Corp. led a broad retreat in the Standard & Poor's/TSX Composite Index. Gold Rush Plunges Undersea as Miners Scour Pacific Update1 Bloomberg.com Oct. 3 (Bloomberg) -- David Heydon says the rock he dredged from a mile beneath the sea off Papua New Guinea looked like nothing more than a dull-brown fire hydrant. Inside were veins of copper and gold worth $300. Dollar Mixed, Gold Down in Europe AP via Yahoo! Finance The U.S. dollar was mixed against other major currencies in late European trading Tuesday. Gold fell. The euro bought $1.2743, up from $1.2742 from late Monday in New York. Later, in midday trading in New York, the euro fetched $1.2735. Sector Snap: Gold, Commodities Cave AP via Yahoo! Finance Commodities caved on Tuesday, as the price of crude oil fell below $60 a barrel and gold plunged below $600. Gold for December delivery shed $15.30 to $588 a troy ounce in midday trading on the New York Mercantile Exchange. Gold Rush Plunges Undersea as Miners Scour Pacific Correct Bloomberg.com (Corrects company in 10th paragraph whose shares declined.) Oct. 3 (Bloomberg) -- David Heydon says the rock he dredged from a mile beneath the sea off Papua New Guinea looked like nothing more than a dull-brown fire hydrant. Inside were veins of copper and gold worth $300. Gold falls $10 an ounce as crude pulls back Market Watch NEW YORK (MarketWatch) -- Gold futures fell sharply early Tuesday and headed back toward $590 an ounce as traders continued to track weak energy prices. Sector Snap: Gold, Commodities Cave KiplingerForecasts.com Commodities caved on Tuesday, as the price of crude oil fell below $60 a barrel and gold plunged below $600. Gold for December delivery shed $15.30 to $588 a troy ounce in midday trading on the New York Mercantile Exchange. Silver and copper declined, along with the broader commodities market. U.S. Dollar Mixed, Gold Lower in Europe AP via Yahoo! Finance The U.S. dollar was mixed against other major currencies in late European trading Tuesday. Gold fell. The euro closed at US$1.2743, up from US$1.2742 late Monday in New York. U.S. Dollar Mixed, Gold Lower AP via Yahoo! Finance The U.S. dollar was mixed against other major currencies in European trading Tuesday morning. Gold fell. The euro bought $1.2742, unchanged from late Monday in New York.
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