Commodities Bid Higher - TheStreet

Commodities Bid Higher

Oil moves closer to $60 a barrel.
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Commodities were trending higher Monday, including a gain in oil futures that put crude ever closer to reclaiming the $60 level.

Lately, oil was up 47 cents at $59.49 a barrel, and natural gas was gaining 37 cents to $7.85 per million British thermal units. Heating oil was higher by 2 cents to $1.70 a gallon.

Gold rose $4.30 to $655.80 an ounce, and silver was up 13 cents to $13.51 an ounce. Copper added 1 cent to $2.44 a pound.