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Commodities End Lower; Gold Dips as Dollar Gains; Crude Pares Prior-Session Gains

Commodities finished trading lower as both gold and crude oil futures lost ground during the session amid continuing geopolitical tensions.

Light, sweet crude oil for April delivery finished down 0.2% to $105.40 a barrel. In other energy futures, heating oil was down 0.15% to $3.05 a gallon while natural gas was up 3.06% to $4.37 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.14% to $42.11. The United States Natural Gas ETF ( UNG ) is up 3.93% to $11.77.

Meanwhile, gold futures finished down under pressured from a stronger dollar.

Gold for April delivery finished down $0.6 to $1,426.20 an ounce. In other metal futures, silver was down 0.47% to $37.20 a troy ounce while copper traded down 0.12% to $4.41.

The U.S. dollar index (DXY) is up 0.68% to $76.17.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.02% to $139.26. Market Vectors Gold Miners ( GDX ) is down 0.38% to $59.76. iShares Silver Trust ( SLV ) is up 0.5% to $36.29.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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