Summary Box: Gold, silver fall on market rally

AP News
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Posted: Aug 29, 2011 6:19 PM
Summary Box: Gold, silver fall on market rally

METALS FALL: Gold and silver prices fell Monday as investors moved money back into stocks.

MARKET RALLY: Gold and silver often move in the opposite direction as the stock market. The Standard & Poor's 500 index rose 33 points, or 2.8 percent, to 1,210.

OIL RISES: Benchmark crude rose $1.90 to end at $87.27 per barrel after the government said consumers spent more in July, easing concerns about another recession. It was the latest in a series of reports that indicated the economy improved last month.