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Commodities Mixed; Gold Slips Along With Dollar, Silver Gains, Oil Falls

Commodities finished mixed as crude oil managed to finish atop $101 a barrel while gold slipped 0.2% along with the U.S. dollar.

Light, sweet crude oil for January delivery finished up 0.3% to $101.28 a barrel. In other energy futures, heating oil was up 0.71% to $3.01 a gallon while natural gas was up 0.69% to $3.48 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.21% to $39.09. The United States Natural Gas ETF ( UNG ) is up 0.52% to $7.67.

Meanwhile, gold futures finished lower following Standard & Poor's warning of a downgrade on 15 European countries.

Gold for February delivery finished down 0.2% to $1,731.80 an ounce. In other metal futures, silver was up 1.01% to $32.70 a troy ounce while copper was down 1.29% to $3.56.

The US Dollar Index was down 0.01% to $78.59.

In metal ETFs, SPDR Gold Trust ( GLD ) is up 0.35% to $167.91. Market Vectors ETF Trust ( GDX ) is up 1.59% to $58.78. iShares Silver Trust ( SLV ) is up 2.51% to $31.83.

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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