Markets
UNG

Commodities Finish Trading Higher as Gold Advances on Weaker Dollar; Crude Passes $82 a Barrel

A generic image of a pen on a chart
Credit: Shutterstock photo

Commodities finished trading higher as gold logged modest gains and crude futures passed $82 a barrel.

Crude oil for December delivery closed up 1%, or $0.80, to settle at $82.52 a barrel.

In other energy futures, heating oil was down 0.4% to $2.24 a gallon while natural gas fell 0.46%, to $3.32 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.25% to $35.57. The United States Natural Gas ETF ( UNG ) is down 0.92% to $5.28.

Meanwhile, gold shares finished higher as the dollar weakened.

Gold for December delivery finished up 1% to $1,338.90 an ounce. In other metal futures, silver rose 1.96% to $23.57 a troy ounce while copper rose 0.41% to $3.85 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.94% to $130.95. Market Vectors Gold Miners ( GDX ) is up 1.4% to $55.67. iShares Silver Trust ( SLV ) is up 1.45% to $23.09.

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

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More