Commodities finished mixed as crude oil slumped in the last minutes of trading to close in the red. Gold logged modest gains while silver hit a new 31-year high.
Light, sweet crude oil for April delivery finished down $0.91, or 0.8%, to $96.97 a barrel. In other energy futures, heating oil was down 0.17% to $2.92 a gallon while natural gas was up 0.9% to $4.04 per million British thermal units.
Meanwhile, gold futures finished higher but were outdone by silver, which posted a fresh 31-year high.
Gold for April delivery finished up $0.60 to $1,409.90 an ounce. In other metal futures, silver was up 2.7% to $33.82 a troy ounce while copper traded up 0.79% to $4.49.
The U.S. dollar index (DXY) is down 0.44% to $76.94.
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