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Commodities Finish Higher; Crude Oil Futures End Near $89 a Barrel; Gold in Green

Commodities ended trading higher as crude oil futures ended just below $89 a barrel, while gold also ended with its first gain in three sessions.

Light, sweet crude oil for September delivery finished up 2.9% to $87.88 a barrel. In other energy futures, heating oil was up 1.18% to $2.93 a gallon while natural gas was down 0.81% to $4.02 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 2.77% to $34.15. The United States Natural Gas ETF ( UNG ) is down 0.54% at $10.20.

Meanwhile, gold futures ended trading higher helped, in part, by a weaker dollar.

Gold for August delivery finished up $9 to $1,758 an ounce. In other metal futures, silver was up 1.29% to $39.62 a troy ounce while copper traded up 0.67% to $4.06.

The US Dollar Index was down 0.95% to $73.85.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 1.06% to $171.77. Market Vectors Gold Miners ( GDX ) is up 2.74% to $60.84. iShares Silver Trust ( SLV ) is up 1.36% to $38.64.

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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