Commodities Futures Finish Lower with Both Gold, Crude Oil Contracts Ending In Red


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Commodities contracts finished the trading day mostly lower as crude futures drew back from a week of gains and gold dropped from yesterday's record high.

Crude oil for November delivery closed down 1.99%, or $1.56, to settle at $81.67 a barrel.

In other energy futures, heating oil was down 2.19% to $2.25 a gallon while natural gas fell 5.05%, to $3.67 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 1.9% to $35.59. The United States Natural Gas ETF ( UNG ) was down 6.38% to $5.78.

Meanwhile, gold futures drew back from yesterday's record high.

Gold for December delivery closed down $12.70 to $1,335.00 an ounce. In other metal futures, silver was down 1.53% to $22.69 a troy ounce while copper fell 1.95% to $3.68 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) was down 1.02% to $130.47. Market Vectors Gold Miners ( GDX ) was down 3.20% to $56.26. iShares Silver Trust ( SLV ) was down 2.49% to $22.12.

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

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