Commodities Slip; Crude Oil, Gold Fall Ahead of the Bell

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Commodities were lower ahead of the bell as both gold and crude oil futures fell.

Crude-oil for September delivery was down by $0.26 to $81.75 a barrel on the New York Mercantile Exchange.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.30% to $36.60 in pre-market trading. United States Natural Gas ETF ( UNG ) was down 0.26 to $7.74 in pre-market trading.

In other energy futures, heating oil was down $0.01 to $2.17 a gallon while natural gas rose $0.01, to $4.59 per million British thermal units.

Meanwhile, gold futures fell ahead of the market open.

Gold for December delivery fell $2.40 to $1,196 an ounce. In other metal futures, silver rose $0.01 to $18.323 a troy ounce while copper rose $0.01 to $3.37 a pound.

In precious metal ETFS, the SPDR Gold Trust ( GLD ) was down 0.10% to $116.98. The Market Vectors Gold Miners ( GDX ) was flat at $49.54. iShares Silver Trust ( SLV ) was flat at $17.96.



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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