OIL GUSHER: The price of crude oil jumped 9 percent after a summit in Brussels produced an agreement to funnel money directly to troubled European banks. Oil shot up $7.27 to settle at $84.96 a barrel, the biggest gain in more than three years.
GOLD RUSH: Gold jumped $53.80, its biggest increase since June 1, to settle at $1,604.20. Gold had been weak as investors expected little to no progress at the latest European summit. The concrete proposals that emerged surprised them.
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