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Gold finished Tuesday at its highest level in 2 years.

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Oil futures made small gains Wednesday on hopes U.S. data will show a drawdown in stockpiles, though a global supply glut was keeping prices close to three-month lows.  U.S. oil prices have fallen more than 4% on concerns about a global glut and high U.S. supplies of crude and gasoline.

Gold futures closed sharply higher Tuesday, with the metal finishing at its highest level in more than two years as investors made a move towards haven assets.