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Commodities Finish Mixed as Crude Relinquishes Upside, Ends Lower; Gold Ends at Record Close

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Commodities finished trading mixed as crude oil futures slipped into negative territory after trading higher for much of the day. Gold ended with gains to finish the week, at another record high.

Light, sweet crude oil for September delivery finished down 0.2% to $82.26 a barrel. In other energy futures, heating oil was up 1.22% to $2.90 a gallon while natural gas was up 1.23% to $3.94 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.35% to $31.83. The United States Natural Gas ETF ( UNG ) is up 0.51% at $9.94.

Meanwhile, gold futures hit another record closing price as the dollar weakened against foreign currencies.

Gold for December delivery finished up 1.7%to $1,852.20 an ounce. In other metal futures, silver was up 4.42% to $42.51 a troy ounce while copper traded up 0.28% to $3.99.

The US Dollar Index was down 0.4% to $73.72.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 1.39% to $180.19. Market Vectors Gold Miners ( GDX ) is up 2.46% to $61.23. iShares Silver Trust ( SLV ) is up 4.21% to $41.33.

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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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