Markets
UNG

Commodities Finish Mixed as Crude Oil Futures Rise; Gold, Silver Weaken on Strong Day for Equities

Commodities ended trading mixed as gold and silver ended lower while crude advanced on a strong performance for stocks during the day.

Light, sweet crude oil for October delivery finished up 2.2% to $87.27 a barrel. In other energy futures, heating oil was up 0.01% to $3.01 a gallon while natural gas was down 2.24% to $3.84 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 2.23% to $33.89. The United States Natural Gas ETF ( UNG ) is down 2.23% to $9.66.

Meanwhile, gold futures ended trading lower as equities advanced triple-digit percentage points throughout the session. The dollar was flat to lower.

Gold for December delivery finished down $34.10 to $1,797.30 an ounce. In other metal futures, silver was down 1.23% to $40.49 a troy ounce while copper traded down 0.28% to $4.10.

The US Dollar Index was down 0.02% to $73.69.

In metal ETFs, SPDR Gold Trust ( GLD ) is down 1.97% to $173.97. Market Vectors Gold Miners ( GDX ) is down 0.85% to $61.95. iShares Silver Trust ( SLV ) is down 2.4% to $39.43.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

UNG SLV USO GDX GLD

Other Topics

Commodities

Latest Markets Videos