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Commodities Futures Finish in Mixed Territory; Oil Surges as Gold Falters On Stronger Dollar

Commodities finished mixed as crude surged to trade above $83 a barrel at one point while gold futures remained in the red throughout the day.

Crude oil for December delivery closed up 1.9%, or $1.8, to settle at $82.95 a barrel.

In other energy futures, heating oil was up 1.8% to $2.27 a gallon while natural gas fell 5.03%, to $3.85 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 1.93% to $35.85. The United States Natural Gas ETF ( UNG ) is down 5.01% to $5.53.

Meanwhile, gold futures finished lower for the day as the dollar strengthened against foreign currencies.

Gold for December delivery finished down 0.5% to $1,350.60 an ounce. In other metal futures, silver rose 0.17% to $24.60 a troy ounce while copper rose 1.25% to $3.78 a pound.

In metal ETFs, SPDR Gold Trust ( GLD ) is down 0.42% to $132.06. Market Vectors Gold Miners ( GDX ) is down 0.06% to $57.28. iShares Silver Trust ( SLV ) is down 0.35% to $24.08.

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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