Gold falls amid market volatility as oil spikes toward $120

Gold falls amid market volatility as oil spikes toward $120

Key points Gold falls— the quick story Markets went haywire: crude surged toward $120 a barrel on fears that Gulf oil flows could be disrupted, then fell back once diplomatic signals suggested the worst could be avoided — while gold, oddly, fell as dealers and funds sold metal to shore up cash and chase dollar-yielding … Read more