Commodities update: Brent-led gains as GLD ETF rises
MarketAlleys Commodities desk update generated Nov 5, 19:11 UTC on major commodity ETFs and short-term technical signals.
Where prices stand
The biggest move was in Brent crude: the BNO ETF rose 2.72% from the prior close to $62.04. The USO ETF rose 1.44% from the prior close to $147.50. The GLD ETF rose 0.89% from the prior close to $375.81. The CPER ETF fell 2.59% from the prior close to $37.59. The SLV ETF was little changed from the prior close at $47.17, and the UNG ETF was little changed from the prior close at $9.2700. All prices are as of Nov 5, 19:04 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $375.81 | -0.27% | +0.89% | Nov 5, 19:04 UTC | Finnhub |
| Silver (via SLV ETF) | $47.17 | -3.87% | +0.02% | Nov 5, 19:04 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $147.50 | -3.61% | +1.44% | Nov 5, 19:04 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $62.04 | -13.05% | +2.72% | Nov 5, 19:04 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.2700 | -4.71% | 0.00% | Nov 5, 19:04 UTC | Finnhub |
| Copper (via CPER ETF) | $37.59 | -4.31% | -2.59% | Nov 5, 19:04 UTC | Finnhub |
Trend check
WTI Crude Oil is neutral with RSI(14) 47.3; close 99.64 sits above SMA50 98.25 and above longSma 88.71. Brent Crude is neutral with RSI(14) 38.8; close 107.03 sits below SMA50 116.17 and below longSma 98.50. Natural Gas is bearish with RSI(14) 42.3; close 2.6300 sits below SMA50 2.9394 and below longSma 3.4532.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| WTI Crude Oil | 99.64 | 98.25 | 88.71 | 47.3 | neutral |
| Brent Crude | 107.03 | 116.17 | 98.50 | 38.8 | neutral |
| Natural Gas | 2.6300 | 2.9394 | 3.4532 | 42.3 | bearish |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 4, 22:41 UTC); it is not a recommendation.
In the news
Reuters reported "ConocoPhillips beats estimates on higher oil prices, raises dividend". Yahoo reported "Entergy sees progress on Arkansas data center deal, strong Q3 sales". Reuters published "PODCAST: Oil heads for pandemic-era fall".
- ConocoPhillips beats estimates on higher oil prices, raises dividend — Reuters, Nov 5, 15:24 UTC
- Entergy sees progress on Arkansas data center deal, strong Q3 sales — Yahoo, Nov 5, 15:51 UTC
- PODCAST: Oil heads for pandemic-era fall — Reuters, Nov 5, 14:29 UTC
What to watch
The US Employment Situation is scheduled for Fri Nov 6, 13:30 UTC (source: bls).
- Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)
Sources and data
- Reuters (secondary source) — ConocoPhillips beats estimates on higher oil prices, raises dividend
- Yahoo (secondary source) — Entergy sees progress on Arkansas data center deal, strong Q3 sales
- Finnhub (market data) — market data
- U.S. Bureau of Labor Statistics (primary source) — calendar
- U.S. Energy Information Administration via FRED (primary source) — calendar
- Federal Reserve (primary source) — calendar
Market data as of Nov 5, 19:04 UTC; report generated Nov 5, 19:11 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Brent crude
The international crude oil benchmark, based on a basket of North Sea grades and traded as futures on ICE.
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
WTI crude
West Texas Intermediate, a light, sweet (low-sulphur) US crude oil and the main US price benchmark.
Sources & data
- Reuters (secondary, retrieved Nov 5, 2026, 07:14 PM UTC)
- Yahoo (secondary, retrieved Nov 5, 2026, 07:14 PM UTC)
- Finnhub (market-data, retrieved Nov 5, 2026, 07:14 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 5, 2026, 07:14 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 5, 2026, 07:14 PM UTC)
- Federal Reserve (primary, retrieved Nov 5, 2026, 07:14 PM UTC)
Market data as of Nov 5, 2026, 07:04 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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