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Crude Oil, Gold Futures End in Red as Commodities Succumb to Rough Equities Session

Commodities finished trading in the red with both gold and crude oil futures firmly in the red.

Light, sweet crude for October delivery finished down 0.5% to $86.02 a barrel. In other energy futures, heating oil was up 0.29% to $3.00 a gallon while natural gas was up 1.78% to $3.94 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is down 0.71% to $33.40. The United States Natural Gas ETF ( UNG ) is up 2.16% to $9.92.

Meanwhile, gold futures finished the session lower as a stronger dollar outweighed any safe-haven buying coming on the heels of a weak equities market.

Gold for December delivery finished up 2.6% to $1,876.90 an ounce. In other metal futures, silver was down 2.61% to $41.94 a troy ounce while copper traded down 1.48% to $4.06.

The US Dollar Index was up 0.81% to $75.86.

In metal ETFs, SPDR Gold Trust ( GLD ) is down 0.41% to $182.48. Market Vectors Gold Miners ( GDX ) is up 0.52% to $65.25. iShares Silver Trust ( SLV ) is down 3.11% to $40.87.

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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