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.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

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

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