Commodities Finish Trading Mostly Higher; Gold Log Gains While Crude Ends Lower

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Commodities finished mostly higher as gold futures hit a new record. Crude posted a slight decline.

Crude-oil for November delivery closed down $0.34, or 0.4% at $76.18 a barrel on the New York Mercantile Exchange.

In other energy futures, heating oil was up $0.01 to $2.12 a gallon while natural gas rose 1.05%, to $3.84 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.15% to $33.19. The United States Natural Gas ETF ( UNG ) was up 1.27% to $6.32.

Meanwhile, gold futures closed above $1,300.

Gold for December delivery closed up $9.40 to $1,308.30 an ounce. In other metal futures, silver was up 1.3% to $21.75 a troy ounce while copper rose $0.02 to $3.63 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was up 0.79% to $127.72. Market Vectors Gold Miners ( GDX ) was up 1.59% to $56.22. iShares Silver Trust ( SLV ) was up 1.29% to $21.25.



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.

Copyright (C) 2014 MTNewswires.com. 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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