5:00AM Gold retreats under the pressure of weaker oil and stronger dollar.
Gold for December delivery finished down $6.60 at $576.20 an ounce on the NYME, after having plunged to an intraday low of $573. December silver futures lost 20 cents to end at $11.22 an ounce, while January platinum dipped $19.20 to close at $1,075.70 an ounce and December palladium slipped $1.65 to close at $301.60 an ounce. December copper declined 3.5 cents to close at $3.378 a pound.

Crude oil for November delivery declined $1.44 to end at $58.52 a barrel on the NYME. November gasoline futures ended down 2.81 cents at $1.4668 a gallon and November heating oil shed 4.88 cents to end at $1.6809 a gallon. Natural gas futures for November delivery settled 3.7 cents higher at $6.466 a million British thermal units.

Arabica coffee futures closed slightly lower, after industry buying put an end to an early slide. December coffee finished 0.20 cent lower at $1.0285 a pound. March raw sugar futures settled 0.13 cents higher at 11.61 cents a pound, after trading as high at 11.87 cents a pound.