(Best Syndication News) The U.S. dollar was mixed early but declined later versus the Japanese yen and euro while gold, silver and oil prices advanced in the United States and in Asia (see forex and commodities tables below). Precious Metals Gold and silver prices were both higher Tuesday on the COMEX (see survey #2 settle price chart below). December gold climbed $38.20 (+2.13%) to $1,829.80 a troy ounce. Light sweet crude oil (WTI) on the NYMEX jumped $1.63 (+1.87%) to $88.90 a barrel. Brent crude was $111.88 a barrel. In Japan crude oil was up 540 yen (1.04%) to ¥52,280 per kiloliter. Gasoline was up 0.89 percent. That converts to $107.86 per barrel of oil and $3.08 per gallon of gasoline. World Forex The Federal Reserve released their August 9th FOMC meeting minutes Tuesday. The Fed will not raise interest rates through mid 2013. Although, there will not be any funds rate increases, some believe the Fed will continue to work on the economy. Mark Zandi, Chief Economist at Moody’s Analytics, said he expects more quantitative easing (QE) by the end of the year or by early 2012. Also, the Fed will likely buy longer term securities to put downward pressure on interest rates. The dollar gained early versus the euro but declined versus the yen (see average survey chart below). Later in the day the trend was lower for the greenback (see intraday chart below). The USD/JPY hit 76.55, the EUR/USD hit 1.4444, the GBP/USD hit 1.6284, the CAD/USD hit 0.9786, the USD/HKD hit 7.7965 and the AUD/USD hit 1.0676. The Swiss franc gained versus all major currencies Tuesday after declining two straight days (see cross tables below). The pound sterling declined vs most currencies.

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