Commodities End Trading Mixed with Gold Higher, Crude Lower

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Commodities were mixed as crude fell, but managed to close above $82 a barrel. Gold was higher at the close.

Crude-oil for September delivery closed down $0.46, or 0.6% at $82.02 a barrel on the New York Mercantile Exchange.

In other energy futures, heating oil was up $0.01 to $2.18 a gallon while natural gas fell $0.13 to $4.60 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.43% to $36.74. The United States Natural Gas ETF ( UNG ) was down 2.52% to $7.75

Meanwhile, gold futures were higher as buyers in China continued to accumulate bullion.

Gold for December delivery closed up 0.3% to $1,195.30 an ounce. In other metal futures, silver rose $0.04 to $18.32 a troy ounce while copper fell $0.05 to $3.34 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was up 0.23% to $116.99. Market Vectors Gold Miners ( GDX ) were down 0.14% to $49.55. iShares Silver Trust ( SLV ) was rose 0.17% to $17.96.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Commodities
More Headlines for: GDX , GLD , SLV , UNG , USO


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