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Commodities Finish Mixed; Crude Futures Slip as Gold Advances Into Weekend

Commodities finish trading mixed as crude oil futures slip to end under $88 a barrel while gold futures finish with gains. The dollar strengthened against foreign currencies.

Light, sweet crude oil for October delivery finished down 1.6% to $87.96 a barrel. In other energy futures, heating oil was down 0.41% to $3.01 a gallon while natural gas was down 1.6% to $3.81 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 1.27% to $34.16. The United States Natural Gas ETF ( UNG ) is down 1.83% to $9.63.

Meanwhile, gold futures finished higher as safe-haven buyers emerged ahead of the weekend.

Gold for December delivery finished up 1.9% to $1,814.70 an ounce. In other metal futures, silver was up 3.3% to $40.80 a troy ounce while copper traded down 0.75% to $3.92.

The US Dollar Index was up 0.48% to $76.64.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 1% to $176.15. Market Vectors Gold Miners ( GDX ) is up 1.97% to $64.04. iShares Silver Trust ( SLV ) is up 2% to $39.57.

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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