Commodities mixed after Greece seeks bailout; Oil, gold gain

Commodities mixed after Greece seeks bailout

GREECE HANGOVER: Commodities were mixed as markets remained wary about Greece’s debt crisis after the country tapped bailout program.

BRIGHT SPOTS: Crude oil and gold gained. Oil prices rose above $85 per barrel on stronger sales of new U.S. homes. Gold rose $10.80 to settle at $1,153.70 per ounce.

GRAINS FALL: Wheat, corn and soybeans for July delivery all fell.