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Commodities Finish Lower as Gold Hits Seven-Week High; Crude Falls
By: MT Newswires
Commodities were mixed at the close as crude futures fell and gold rose.
Crude-oil for September delivery closed down $0.35, or 0.5% at $75.42 a barrel on the New York Mercantile Exchange.
In other energy futures, heating oil was down $0.01 to $2.02 a gallon while natural gas fell 0.68%, to $4.23 per million British thermal units.
Meanwhile, gold futures closed at a seven-week high.
Gold for December delivery closed up $3.10 to $1,231.40 an ounce. In other metal futures, silver fell $0.19 to $18.45 a troy ounce while copper rose $1 to $3.37 a pound.