Gold and oil pared their losses as multiple news outlets reported that police in Saudi Arabia have fired on protesters in the eastern part of the oil-rich nation.

Gold bounced from an intra-day low of $1,403 to $1,415 per ounce, while oil jumped from $101.50 to as high as $104 per barrel.

Equities added to their losses, with the Dow Jones Industrial Average (DJIA) tumbling 216.75 points, or 1.8%, to 11,996.34