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Commodities Finish Higher; Gold, Crude Oil Futures End Positive Territory

Commodities finished trading higher as crude oil futures neared $89 a barrel while gold jumped over 2% by the closing bell.

Light, sweet crude oil for October delivery finished up 1.9% to $88.90 a barrel. In other energy futures, heating oil was up 1.98% to $3.06 a gallon while natural gas was up 2.01% to $3.90 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 1.5% to $34.47. The United States Natural Gas ETF ( UNG ) is up 2.02% to $9.86.

Meanwhile, gold futures finished higher to regain the $1,800 level.

Gold for December delivery finished up 2.1 to $1,829.80 an ounce. In other metal futures, silver was up 2.36% to $41.56 a troy ounce while copper traded up 1.07% to $4.15.

The US Dollar Index was up 0.4% to $73.94.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 2.79% to $178.74. Market Vectors Gold Miners ( GDX ) is up 2.02% to $63.20. iShares Silver Trust ( SLV ) is up 1.76% to $40.42.

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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