Closing Commodities: Crude Rises 0.3%, But 4.1% On The Week
- Aug gold chopped around near the break-even line today, trading in a tight range between $1272.20 per ounce and $1275.70 per ounce.
- Unable to gain traction, it settled unchanged at $1274.10 per ounce, booking a gain of 1.7% for the week.
- July silver lifted from its session low of $19.50 per ounce set moments after floor trade opened and trended higher to a session high of $19.67 per ounce. It settled 0.6% higher at $19.65 per ounce, bringing gains for the week to 3.4%.
- July crude oil brushed a session low of $106.37 per barrel in early morning action and rose to a session high of $107.22 per barrel in afternoon pit trade. It eventually settled 0.3% higher at $106.85 per barrel, booking a gain of 4.1% for the week.
- July natural gas spent most of today's floor session in the red. It dipped to a session low of $4.72 per MMBtu and eventually settled with a 0.4% loss at $4.74 per MMBtu, cutting gains for the week to 0.6%