Crude-oil futures ended their three-day slump today, but were unable climb back atop $100. The EU's newly imposed oil embargo on Iran was a major catalyst for the jump, although optimism surrounding a potential deal in financially strapped Greece strengthened did its part to add to black gold's gains. Against this backdrop, March-dated crude oil rose $1.25, or 1.3%, to close at $99.58 a barrel.
Gold futures extended last week's win with a six-week high settlement today. The malleable metal's climb solidified as the dollar fell against the euro. By the close, gold for February delivery tacked on $14.30, or 0.9%, to land at $1,678.30 an ounce -- the commodity's highest finish since Dec. 9.
Levels to Watch in Trading:
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Recent XIV Action May Bode Well for Bulls
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