Gold tests November high as crude oil prices rise

Gold prices have risen, currently up $24.61 or 0.92% at $2718.36. The price is testing a high from November 25, which was $2721.41. If it surpasses this level, it could approach November's peak of $2790.07. Crude oil prices are also increasing, up $1.88 or 2.74% at $70.46. The daily high reached $70.48, nearing last week's high of $70.55. A break above this could lead to further gains, with the 100-day moving average at $71.65.