Commodities Finish Trading Higher; Crude Up Modestly as Gold Hits Yet Another High

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Commodities finished higher as trading closed with crude logging modest gains while gold futures flirted with $1,300 an ounce.

Crude-oil for November delivery closed up $0.03, or 0.01% at $76.52 a barrel on the New York Mercantile Exchange.

In other energy futures, heating oil was down $0.01 to $2.12 a gallon while natural gas fell 1.93%, to $3.80 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.21% to $33.33. The United States Natural Gas ETF ( UNG ) was down 3.48% to $6.40.

Meanwhile, gold hit fresh highs by the close.

Gold for December delivery closed up $0.50 to $1,298.60 an ounce. In other metal futures, silver was up 0.1% to $21.47 a troy ounce while copper fell $0.7 to $3.59 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was down 0.02% to $126.67. Market Vectors Gold Miners ( GDX ) was down 0.4% to $55.45. iShares Silver Trust ( SLV ) was flat at 21.01.



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.

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This article appears in: Investing , Commodities

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

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