Commodities Finish in Positive Territory with Gold, Crude Higher at the Close


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Commodities finished the week in positive territory with gold and oil futures posting gains by the session's close.

Crude oil for November delivery closed up 1%, or $1.56, to settle at $82.66 a barrel.

In other energy futures, heating oil was up 1.03% to $2.27 a gallon while natural gas rose 0.61%, to $3.63 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 1.61% to $36.02. The United States Natural Gas ETF ( UNG ) is up 1.21% to $5.84.

Meanwhile, gold futures drew back from yesterday's record high.

Gold for December delivery closed up 0.7% to $1,345.30 an ounce. In other metal futures, silver was up 2.42% to $23.13 a troy ounce while copper rose 2.45% to $3.76 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was up 0.71% to $131.29. Market Vectors Gold Miners ( GDX ) was up 1.08% to $57.19. iShares Silver Trust ( SLV ) was up 2.82% to $22.64.

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
Referenced Stocks: GDX , GLD , SLV , UNG , USO

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