Closing Commodities: Crude Oil Sheds Gains, Closes Modestly Lower
* Precious metals traded higher today despite a stronger dollar index.
* Aug gold and July silver both rallied to their respective session highs of $1263.80 per ounce and $19.24 per ounce in early morning action and consolidated slightly below that level for the remainder of pit trade.
* Gold eventually settled with a 0.5% gain at $1260.10 per ounce, while silver settled at $19.17 per ounce, or 0.5% higher.
* July crude oil pulled back from its session high of $105.06 per barrel in morning action and slipped into negative territory. It inched slightly higher after touching a session low of $103.92 per barrel and settled with a 0.1% loss at $104.38 per barrel.
* July natural gas trended lower after retreating from its session high of $4.62 per MMBtu set in early morning pit trade. It settled at its session low of $4.53 per MMBtu, booking a loss of 2.6%.