Commodities finished trading lower as the new gold contract finished down over 1% along with a weaker U.S. dollar. Crude futures pared some early losses to close down but above $100 a barrel.
Light, sweet crude oil for January delivery finished down 0.2% to $100.20 a barrel. In other energy futures, heating oil was down 1.79% to $2.97 a gallon while natural gas was up 2.65% to $3.64 per million British thermal units.
In energy ETFs, the United States Oil Fund ( USO ) is up 0.6% to $38.79. The United States Natural Gas ETF ( UNG ) is down 2.1% to $7.83.
Gold for February delivery finished up 1.3% to $1,745.50 an ounce. In other metal futures, silver was up 0.12% to $32.84 a troy ounce while copper was down 0.94% to $3.54.
The US Dollar Index was down 0.16% to $78.26.
In metal ETFs, SPDR Gold Trust ( GLD ) is down 0.31% to $169.61. Market Vectors ETF Trust ( GDX ) is down 0.45% to $60.22. iShares Silver Trust ( SLV ) is down 0.25% to $31.92.
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.
