Commodities fall as dollar surges

August 15, 2008

The dollar hit a six-month high, driving down commodities and knocking gold and oil prices. The falling oil and gold prices weighed on global stocks, as concerns increased that U.S. economic problems were spreading to the rest of the world. But some analysts warn commodity prices won't remain low for long, as demand will continue from emerging economies like China and India, even in the face of global recession. Joanna Partridge reports