08 Apr '11, 10pm

Summary Box: Commodities rise on unsettled issues

WORRY FACTOR: Investors poured money into oil, metals and agricultural products as they worried about a potential U.S. government shutdown affecting the recovering economy. Other concerns were the growth of global inflation and violence in the Middle East and North Africa . WEAKER DOLLAR: The dollar was weaker against other currencies. Commodities are priced in dollars so a weaker dollar makes them more appealing to investors using other currencies. OIL MOVES: Oil topped $112 a barrel on lingering worries that supplies may be disrupted because of uprisings in the oil-rich region of the Middle East and North Africa.

Full article: http://sg.news.yahoo.com/summary-box-commodities-rise-uns...

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