Crude-oil futures reversed yesterday's pullback, as a weakening dollar and news of a decrease in Iranian oil exports buoyed the commodity. May-dated crude settled up $1.52, or 1.4%, at $106.87 per barrel. However, black gold suffered a 0.2% loss for the week. Gold futures rallied, as well, climbing higher as tensions in Iran incited demand for the lower-risk, "safe haven" precious metal. As the greenback faltered, gold for April delivery jumped $19.90, or 1.2%, to close at $1,662.40 an ounce -- its highest settlement of the past five days. For the week, gold added 0.4%.
Levels to Watch in Trading:
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Recent XIV Action May Bode Well for Bulls
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