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Commodities Finish With Gains; Crude Futures Touch $100 a Barrel While Gold Ends Above $1,700

Commodities finished trading higher as crude oil futures hit $100 a barrel before pulling back in the latter half of the session. A weaker dollar helped gold finish in positive territory.

Light, sweet crude oil for January delivery finished up 1.5% to $98.21 a barrel. In other energy futures, heating oil was up 1.7% to $2.97 a gallon while natural gas was down 5.1% to $3.36 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 1.75% to $37.81. The United States Natural Gas ETF ( UNG ) is down 2.99% to $7.77.

Meanwhile, gold futures traded higher to finish above $1,700 an ounce.

Gold for December delivery finished up 1.5% to $1,710.80 an ounce. In other metal futures, silver was up 3.98% to $32.33 a troy ounce while copper was up 2.85% to $3.37.

The US Dollar Index was down 0.58% to $79.15.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 1.88% to $166.47. Market Vectors ETF Trust ( GDX ) is up 2.96% to $56.41. iShares Silver Trust ( SLV ) is up 3.74% to $31.33.

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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