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Commodities are mixed today as the energy and ag sectors show gains, while the metals are in the red.
Crude oil futures have been in positive territory all morning and hit session highs of $87.62/barrel around the time equity markets opened. The energy component has since pulled back below the $87 area and is currently up Natural gas, on the other hand, have been in the red all morning, but have been trending higher off its session low of $3.83/MMBtu.
Gold and silver futures sold off just over an hour ago and fell into negative territory. Gold fell as far as $1781.30/oz and currently remains below the $1800 level. Silver hit new session lows of $40.42/oz on the earlier weakness. Currently, gold is down.
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