DESERT STORM : Financial
Crude oil prices collapsed in their biggest one-day fall in history. Prices plunged more than $10 per barrel, into the $21 range, in frantic trading on the New York Mercantile Exchange.
The dollar and gold, both considered safe haven investments in times of international turmoil, dived. The dollar fell 3 pfennigs against the German mark and about 2 cents against the pound, while gold dramatically lost more than 27 dollars an ounce.
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