GOLD SHINES: Gold settled at $1,602.40 an ounce as debt problems dogged the United States and Europe. The price was a record in dollar terms but below the peak reached in the 1980s after accounting for inflation.
DOLLAR PLAY: The dollar grew stronger against other currencies. Commodities are priced in dollars so a stronger dollar makes them more expensive for investors who use other currencies like the euro.
MIXED BAG: Prices for platinum and palladium rose, benefiting from gold's gains. Copper, grains and beans fell while most energy products settled lower.