CL
Crude oil fell sharply on Friday, as the U.S. dollar firmed up and amid growing concerns over a potential Greek debt default. Crude oil tumbled over 1%, as the U.S. dollar recovered from the Federal Reserve's latest policy statement and was boosted by some of Thursday's U.S. economic reports. Greece is running out of time before it owes the International Monetary Fund a bundled loan payment of €1.5 billion on June 30. At the same time, the remaining €7.2 billion of a €240 billion stimulus package from its international creditors is set to expire at the month. Oil trade at 59.50.
GOLD
Gold ended Friday's little changed near a four-week high as amid mounting fears over a potential Greek debt default, Meanwhile, investors continued to monitor developments surrounding talks between Greece and its international creditors, amid growing concerns that the country could default on its debt be forced out of the euro zone. For the week, prices of the precious metal rose $21.90, or 1.93%, the second straight weekly gain. Gold trade at 1200.
