Gold looks set to suffer its biggest drop in price since 2013 amid intense speculation that the US is poised to raise interest rates.
... oil. What is the deep impact of a radically lower oil price?
The precipitous decline in the oil price has continued, with a further slump in Brent crude seeing it trade below $50 for the first time in more than five years.
The price of Brent crude oil has fallen another 8% to $71 per barrel after the Organization of the Petroleum Exporting Countries (OPEC) decided not to cut output on Thursday.
Gold is on course to record its worst year for more than three decades following huge falls over 2013.
Gold has suffered the longest run of monthly falls since 1997 after the metal declined for the fifth month in a row in February.