[BRIEFING.COM] The US Dollar Index fell to new session lows of around 82.429 in recent trade, but this has only benefitted select commodities.
October crude oil began to rally when pit trading began, pushing into positive territory, and extended its gains on weakness in the dollar index. Crude eventually hit new session highs of $74.78 per barrel this morning and is currently 0.3% higher at $74.31 per barrel.
October natural gas trended lower during the overnight session and fell in the red after 7:00am ET. Natural gas hit today's currently lows of $3.80 per MMBtu just after floor trading began and is now back near the flat line at $3.85 per MMBtu.
December gold rallied into positive territory and to new session highs of $1264.70 per ounce about an hour ago. However, gold lost its steam and is back just under the unchanged line at $1256.90 per ounce. December silver has spent most of the session in positive territory. Silver hit its own session highs of $20.18 per ounce earlier this morning and is now 0.4% higher at $19.99 per ounce.