USD 74.8617

-0.39

EUR 89.7742

-0.68

BRENT 68.48

-0.11

AI-92 45.34

+0.01

AI-95 49.13

+0.01

AI-98 54.87

+0.01

Diesel 49.25

+0.01

170

Precious Metal Go-Down

Gold Falls to Lowest Since October on Oil Decline

Gold dropped to the lowest in more than 10 months in Asia as a declining oil price reduced demand for the metal as a hedge against inflation. Gold futures for December delivery lost as much as 2.7 percent to $770.70 an ounce on the Comex division of the New York Mercantile Exchange, also the lowest since October. The contract last traded at $772 an ounce.

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