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.

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This article appears in: Investing Commodities
Referenced Stocks: GDX , GLD , SLV , UNG , USO


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