Stocks & Commodities
Gold and corn hit record highs on Monday, silver touched its highest in 31 years, lead hit a three-year peak and U.S. crude traded at its strongest in two and a half years as investors sought protection from inflation and fretted about supply.
After rallying to a record high of $1,476.21 an ounce in early trade, spot gold eased back to $1,474.90, up $2.20 on the day, while silver traded 5 cents short of its 31-year peak at $41.93 struck earlier.
Brent crude fell by over a dollar after the African Union said Muammar Gaddafi had accepted a roadmap for ending civil war, including an immediate ceasefire.
U.S. crude for May delivery rose 23 cents to $113.02 a barrel and earlier touched $113.46, its highest in more than two and a half years.
U.S. corn futures jumped 2 percent to a record on thinning stockpiles in top exporter the United States, as traders raised doubts about a government report that kept...
