At the close of today's session, gold and silver prices collapsed, while oil prices rebounded, and the US dollar index rose.
Here is a look at the closing levels of the major commodities:
gold
At the close of trading today, gold prices fell sharply, with gold futures contracts dropping to $ 4,912.84 per ounce , a decrease of 8.38%, while spot gold contracts declined to $ 4,885.02 , a drop of 9.09%. Meanwhile, the US dollar index rose to 97.13 , a 1.01% increase against a basket of foreign currencies, primarily the euro and the pound sterling.
Silver
Silver futures closed at $ 84.335 an ounce, down 26.3%
oil
Crude oil prices rose today at the close of trading, settling at $65.75 a barrel, up 0.52%. Brent crude futures also rose, closing at $69.87 a barrel, up 0.4%.