Markets
UNG

Commodities Finish Mixed; Gold Gain Best Since 2009 While Crude Waffles, Ends in Red

Commodities finished trading mixed as gold ended higher to finish with its best gains in nearly two years. Crude oil futures waffled throughout the session to end just lower.

Light, sweet crude oil for October delivery finished down 0.1% to $88.81 a barrel. In other energy futures, heating oil was up 0.39% to $3.08 a gallon while natural gas was up 3.58% to $3.08 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is flat at $34.44.. The United States Natural Gas ETF ( UNG ) is up 3.6% to $10.20.

Meanwhile, gold futures advanced to finish August 12% higher - its best performance since November of 2009.

Gold for December delivery finished up 0.1% to $1,831.70 an ounce. In other metal futures, silver was up 0.22% to $41.55 a troy ounce while copper traded up 1.47% to $4.20.

The US Dollar Index was up 0.2% to $74.12.

In metal ETFs, SPDR Gold Trust ( GLD ) is down 0.89% to $177.51. Market Vectors Gold Miners ( GDX ) is down 1.3% to $62.18. iShares Silver Trust ( SLV ) is flat at $40.40.

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