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Oil And Gold Are Tumbling

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Evening trading has opened for some commodities, and oil and gold prices are both collapsing.

Brent is off -0.87 percent (and counting) to $113.05. NYMEX-traded WTI is down -1.39% to $106.16.

Here's the chart for Brent:

oil collapse

Gold is also way down, declining -1.33% to $1,376.40

gold collapse

President Obama said he would now ask Congress to authorize a U.S. strike on Syria in response to evidence of a chemical attack, and markets are probably responding to the threat of imminent action now passing.

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