Gold, Silver: China’s devaluation of its yuan last week helped gold recover some lost ground, but bullion has pared some of those gains as fears abated that Beijing would pursue a sustained depreciation of its currency.
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Crude oil Continues To Tumble,,Oil prices fell to near six-year lows on Monday as Japan’s economy contracted and producers in the United States added drilling rigs for a fourth straight week despite a recent rout in prices. Japan’s economy, the second biggest in Asia and No.3 in the world, shrank in the second quarter from a year earlier, adding to fears that slowdowns in Asia’s biggest economies will weigh on oil demand.
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