Commodities Report: Gold Hits Record High; Crude Tops $106 a Barrel
Commodities rallied to finish higher Thursday as both crude oil and gold futures surged as the first quarter came to a close.
Light, sweet crude oil for April delivery finished up 2.4% to $106.72 a barrel. In other energy futures, heating oil was up 1.7% to $3.09 a gallon while natural gas was up 0.99% to $4.39 per million British thermal units.
Meanwhile, gold futures ended at a record high helped in part by a weaker dollar.
Gold for June delivery finished up $15 to $1,439.90 an ounce. In other metal futures, silver was up 0.78% to $37.80 a troy ounce while copper traded up 0.82% to $4.30.
The U.S. dollar index (DXY) is down 0.36% to $75.84.
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