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BF: Commodities Mostly Higher on Weak Dollar Index, Nat Gas Down 2.6%
 
[BRIEFING.COM] November natural gas is trading lower this morning after falling sharply a few hours ago. Currently, the energy component is the worst performing commodity in the CRB Commodities Index and is down 2.6% at $4.05 per MMBtu.

Also, natural gas is only one of two commodities that are trading lower of the 19 components of the CRB Index, while the rest of the group is trading higher due to weakness in the US Dollar Index, which is trading near session lows of 79.33.

November crude oil moved back into positive territory at 7:00am ET and has remained there since. Crude rallied approx. $1 an hour ago and pushed to new session highs of $76.35 per barrel and is currently just below that level at 76.26 per barrel, up 1.4%.

Precious are also trading higher with December gold, the most active gold futures contract, hitting new all-time highs of $1301.60 per ounce. Currently, Dec gold is just above the unchanged line at $1300.00 per ounce. December silver is currently 1.1% higher at $21.44 per ounce.
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