MW: Crude, gold retreat as Greek debt worries return
By V. Phani Kumar
NEW YORK (MarketWatch) -- Crude-oil and gold prices tumbled Tuesday as the U.S. dollar jumped and stock index futures pointed to another day of sharp losses on Wall Street, reflecting a forceful return of worries over Greece following the government's call for a referendum on the euro zone debt deal. December futures for light, sweet crude CL1Z -3.77% dropped $2.54, or 2.7%, to $90.65 a barrel Gold for December delivery GC1Z -2.22% slid $31.70, or 1.8%, to $1,693.50 an ounce, while silver tumbled 4.5% to $32.80 an ounce. The U.S. dollar index DXY +1.37% climbed to 77.513 from 76.536 in North American trade late Monday, hurting commodities that are priced in the currency.
