News Summary: Gold falls, oil rises

Associated Press

LOWER GOLD: The price of gold lost more than $10 an ounce as investors worried about the global economy.

IMF REPORT: The International Monetary Fund said it expected world economic growth to come in at 3.3 percent this year, down from an earlier estimate of 3.5 percent.

OIL HIGHER: Crude oil gained more than $3 per barrel because of supply concerns in the Middle East and the North Sea.

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