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Mixed Day for Commodities

Energy is little changed.

Energy prices were little changed Thursday morning at the New York Mercantile Exchange, while metals prices were heading to the upside.

Natural gas slipped 1 cent to $7.07 per million British thermal units after Energy Department data showed a draw of 115 billion cubic feet from inventories last week. The number was basically in line with estimates.

Crude oil was up 6 cents at $58.21 a barrel, and reformulated gasoline was down 2 cents at $1.90 a gallon. Heating oil was fractionally lower at $1.70 a gallon.

As for precious metals, gold was up $4.50 at $647 an ounce, and silver rose 17 cents to $13 an ounce. Platinum was stronger by $16 at $1,217 an ounce, and copper rose 12 cents to $2.95 a pound.

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Coffee, cotton and frozen concentrated orange juice were advancing at the New York Board of Trade, but sugar was declining.