Commodities update: Copper leads declines at Nov 3, 17:00 UTC
CPER ETF fell 2.16% from the prior close as SLV ETF and GLD ETF also dropped; UNG ETF and USO ETF rose — prices reported at Nov 3, 17:01 UTC.
Where prices stand
CPER ETF (tracks Copper) fell 2.16% from the prior close to $38.52. SLV ETF (tracks Silver) fell 1.51% from the prior close to $44.88. UNG ETF (tracks Natural Gas) rose 1.22% from the prior close to $9.1100. GLD ETF (tracks Gold) fell 0.49% from the prior close to $359.86. USO ETF (tracks WTI Crude Oil) rose 0.20% from the prior close to $157.18. BNO ETF (tracks Brent Crude) fell 0.39% from the prior close to $65.69. Prices are as of Nov 3, 17:01 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $359.86 | -1.68% | -0.49% | Nov 3, 17:01 UTC | Finnhub |
| Silver (via SLV ETF) | $44.88 | -6.35% | -1.51% | Nov 3, 17:01 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $157.18 | -4.19% | +0.20% | Nov 3, 17:01 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $65.69 | +6.84% | -0.39% | Nov 3, 17:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.1100 | -10.97% | +1.22% | Nov 3, 17:01 UTC | Finnhub |
| Copper (via CPER ETF) | $38.52 | -0.05% | -2.16% | Nov 3, 17:00 UTC | Finnhub |
Trend check
WTI Crude Oil is listed as bullish with RSI(14) 53.4; the last close was 103.37, above the 50-day SMA 96.61 and the long SMA 87.62. Brent Crude is listed as neutral with RSI(14) 52.1; the last close was 123.10, above the 50-day SMA 114.21 and the long SMA 97.34. Natural Gas is listed as bearish with RSI(14) 42.0; the last close was 2.7600, below the 50-day SMA 2.9638 and the long SMA 3.4626.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| WTI Crude Oil | 103.37 | 96.61 | 87.62 | 53.4 | bullish |
| Brent Crude | 123.10 | 114.21 | 97.34 | 52.1 | neutral |
| Natural Gas | 2.7600 | 2.9638 | 3.4626 | 42.0 | bearish |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 2, 22:41 UTC); it is not a recommendation.
In the news
Economictimes.indiatimes.com published a market piece saying the S&P 500 and the Nasdaq opened higher as crude oil prices fell further heading into the US midterm elections.
- US stocks today: S&P 500, Nasdaq open higher as oil prices extend declines, midterms on tap — economictimes.indiatimes.com, Nov 3, 14:38 UTC
What to watch
The US Employment Situation is scheduled for Fri Nov 6, 13:30 UTC (source: bls) and is listed as a high-importance macro release.
- Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)
Sources and data
- economictimes.indiatimes.com (secondary source) — US stocks today: S&P 500, Nasdaq open higher as oil prices extend declines, midterms on tap
- 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 3, 17:01 UTC; report generated Nov 3, 17:01 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.
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.
Brent crude
The international crude oil benchmark, based on a basket of North Sea grades and traded as futures on ICE.
Sources & data
- economictimes.indiatimes.com (secondary, retrieved Nov 3, 2026, 05:04 PM UTC)
- Finnhub (market-data, retrieved Nov 3, 2026, 05:04 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 3, 2026, 05:04 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 3, 2026, 05:04 PM UTC)
- Federal Reserve (primary, retrieved Nov 3, 2026, 05:04 PM UTC)
Market data as of Nov 3, 2026, 05:01 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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