Commodities Finished the Day Mixed as Metals Advance, Crude Finished Lower

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Commodities finished the day mixed with gold futures logging record highs while crude futures fell.

Crude-oil for October delivery closed down $0.29, or 0.39% at $74.71 a barrel on the New York Mercantile Exchange.

In other energy futures, heating oil was down $0.01 to $2.10 a gallon while natural gas rose 1.1%, to $3.96 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.18% to $32.59. The United States Natural Gas ETF ( UNG ) was up 0.31% to $6.54.

Meanwhile, gold ended at another record high while silver reached a 30-year high of its own.

Gold for December delivery closed up $17.80 to $1,274.30 an ounce. In other metal futures, silver was up 2% to $21.06 a troy ounce while copper rose $0.08 to $3.56 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was up 0.08% to $126.11. Market Vectors Gold Miners ( GDX ) was up 1.01% to $56.23. iShares Silver Trust ( SLV ) rose 0.29% to $20.65.



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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