Referenced Stocks

Commodities Finish Mixed; Crude Futures Rise for Third Consecutive Day; Gold Slips

By Midnight Trader,  June 30, 2011, 02:52:18 PM EDT

Commodities finished trading mixed as gold futures slipped to close in the red and crude oil futures--shaky for much of the day--managed to close in positive territory.

Light, sweet crude oil for August delivery finished up 0.7% to $95.42 a barrel. In other energy futures, heating oil was up 0.35% to $2.93 a gallon while natural gas was up 1.46% to $4.37 per million British thermal units.

In energy ETFs, the United States Oil Fund (USO) is up 0.32% to $37.35. The United States Natural Gas ETF (UNG) is up 1.38% at $11.02.

Meanwhile, gold futures ended lower as the US dollar also lost strength against foreign currencies.

Gold for August delivery finished down 0.5% to $1,502.80 an ounce. In other metal futures, silver was down 0.41% to $34.62 a troy ounce while copper traded up 1.23% to $4.27.

The US Dollar Index was down 0.47% to $74.68.

In metal ETFs, SPDR Gold Trust ( GLD ) is down 0.6% to $146.30. Market Vectors Gold Miners ( GDX ) is up 0.44% to $54.61. iShares Silver Trust (SLV) is down 0.62% to $33.80.




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


This article appears in: Investing, Commodities

Referenced Stocks: GDX, GLD



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