Commodities Finish Trading Mostly Higher; Gold Hits New Record as Crude Gains


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Commodities finished trading higher as gold futures hit yet a new record while crude also posted gains.

Crude oil for November delivery closed up 2.2%, or $1.65, to settle at $77.86 a barrel.

In other energy futures, heating oil was up $0.06 to $2.19 a gallon while natural gas rose 0.58%, to $3.97 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 2.38% to $33.98. The United States Natural Gas ETF ( UNG ) was down 0.15% to $6.33.

Meanwhile, gold futures extended their record run.

Gold for December delivery closed up $2 to $1,308.30 an ounce. In other metal futures, silver was up 1.03% to $21.93 a troy ounce while copper rose $0.02 to $3.65 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was up 0.14% to $128.03. Market Vectors Gold Miners ( GDX ) was up 0.14% to $56.74. iShares Silver Trust ( SLV ) was up 0.56% to $21.41.

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

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