With gold hovering near record-high prices, the financial woes of the rest of the country are a distant concern in the mining town of Battle Mountain.


The dollar’s rapid rebound set off an a plunge in commodity prices, with gold falling below $800 an ounce and oil briefly trading as low as $111 a barrel.


The dollar’s rapid rebound set off an a plunge in commodity prices, with gold falling below $800 an ounce and oil briefly trading as low as $111 a barrel.


Barrick Gold has started a hostile bid of $350 million for Cadence Energy to lock in cheaper oil prices and get control of soaring production costs.


 
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