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Commodities Finish Trading Mixed as Gold Slips Crude Finishes Higher

Commodities finished mixed as crude oil futures and gold waffled throughout the day on a wild week-ending session. Crude managed to pare losses while gold fell.

Light, sweet crude oil for September delivery finished up 0.3% at $86.88 a barrel. In other energy futures, heating oil was up 1.19% to $2.92 a gallon while natural gas was up 0.05% to $3.94 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is at $33.89, up $0.16, or 0.49%. The United States Natural Gas ETF ( UNG ) is down 0.05% at $9.97.

Meanwhile, gold futures wavered throughout the session following better-than-expected data on jobs.

Gold for December delivery finished down $7.20, or 0.4%, to $1,651.80 an ounce on the Comex division of the New York Mercantile Exchange. Gold, however, rose 1.3% on the week, as investors sought out bullion as a safe-haven investment. In other metal futures, silver was down 2.67% to $38.38 a troy ounce while copper traded down 2.88% to $4.11.

The US Dollar Index was down 0.93% to $74.59.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.27% to $161.08. Market Vectors Gold Miners ( GDX ) is down 0.61% to $55.56. iShares Silver Trust ( SLV ) is down 1.54% to $37.03.

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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