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Commodities Finish Mostly Higher; Gold, Oil Gain; Dollar Weakens

Commodities finished trading in mostly positive territory with a weaker dollar helping bullion gain for another session while crude oil futures ending higher.

Light, sweet crude for July delivery finished up 1.9% to $99.59 a barrel. In other energy futures, heating oil was up 2.26% to $2.91 a gallon while natural gas was down 0.12% to $4.34 per million British thermal units.

In energy ETFs, the United States Oil Fund (USO) is up 2.13% to $39.29. The United States Natural Gas ETF (UNG) is up 0.18% at $11.15.

Meanwhile, gold--along with other metals--had a good day, finishing in the green as the dollar lost strength.

Gold for June delivery gained 0.5% to $1,523.30 an ounce. In other metal futures, silver was up 3.5% to $36.13 a troy ounce while copper traded up 0.5% to $4.01.

The U.S. dollar index (DXY) is down 0.34% to $75.84.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.54% to $148.63. Market Vectors Gold Miners ( GDX ) is up 2.42% to $56.66. iShares Silver Trust (SLV) is up 3.27% to $35.39.

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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