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Commodities Finish Lower; Crude Ends Below $100 a Barrel; Gold Slips

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Commodities finished down as crude oil futures slipped over 2% while a stronger dollar pressured gold.

Light, sweet crude oil for January delivery finished down 2.1% to $98.34 a barrel. In other energy futures, heating oil was down 1.87% to $2.92 a gallon while natural gas was up 0.82% to $3.44 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is down 2.11% to $37.99. The United States Natural Gas ETF ( UNG ) is up 0.53% to $7.59.

Gold for February delivery finished down 1.8% to $1,713.40 an ounce. In other metal futures, silver was down 3.12% to $31.61 a troy ounce while copper was down 1.7% to $3.49.

The US Dollar Index was up 0.51% to $78.82.

In metal ETFs, SPDR Gold Trust ( GLD ) is down 1.87% to $166.18. Market Vectors ETF Trust ( GDX ) is down 2.41% to $57.54. iShares Silver Trust ( SLV ) is down 2.75% to $30.73.

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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