Commodities update: copper leads declines, crude mixed
CPER ETF fell 2.13% while UNG and USO ETFs rose; prices reported around Nov 3, 18:30 UTC, according to Finnhub.
Where prices stand
The CPER ETF fell 2.13% from the prior close to $38.53, the largest move among the set. The SLV ETF fell 1.51% from the prior close to $44.88 and the GLD ETF fell 0.41% from the prior close to $360.17. The UNG ETF rose 0.67% from the prior close to $9.0600, the USO ETF rose 0.47% from the prior close to $157.61, the BNO ETF fell 0.20% from the prior close to $65.82, and the UUP ETF rose 0.10% from the prior close to $28.99, as of Nov 3, 18:30 UTC, according to Finnhub.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $360.17 | -1.68% | -0.41% | Nov 3, 18:30 UTC | Finnhub |
| Silver (via SLV ETF) | $44.88 | -6.35% | -1.51% | Nov 3, 18:30 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $157.61 | -4.19% | +0.47% | Nov 3, 18:30 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $65.82 | +6.84% | -0.20% | Nov 3, 18:29 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.0600 | -10.97% | +0.67% | Nov 3, 18:30 UTC | Finnhub |
| Copper (via CPER ETF) | $38.53 | -0.05% | -2.13% | Nov 3, 18:29 UTC | Finnhub |
Trend check
Trend signals from the Commodities desk show WTI Crude Oil flagged bullish with RSI(14) 53.4; the last close is 103.37, the 50-day SMA is 96.61 and the long SMA is 87.62. Brent Crude is neutral with RSI(14) 52.1; the last close is 123.10, the 50-day SMA is 114.21 and the long SMA is 97.34. Natural Gas is bearish with RSI(14) 42.0; the last close is 2.7600, the 50-day SMA is 2.9638 and the long SMA is 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 news article about US stocks opening higher and oil prices extending declines. Yahoo published a news item summarizing an Investing.com piece titled JPMorgan Highlights Top Copper Stocks Amid U.S. Supply Push.
- 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
- JPMorgan Highlights Top Copper Stocks Amid U.S. Supply Push — Yahoo, Nov 3, 16:42 UTC
What to watch
The Employment Situation is scheduled for Fri Nov 6, 13:30 UTC; it is listed as high importance and is sourced to bls. Market participants will receive the release at that time and may consult the report when it is published.
- 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
- Yahoo (secondary source) — JPMorgan Highlights Top Copper Stocks Amid U.S. Supply Push
- 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, 18:30 UTC; report generated Nov 3, 18:40 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, 06:43 PM UTC)
- Yahoo (secondary, retrieved Nov 3, 2026, 06:43 PM UTC)
- Finnhub (market-data, retrieved Nov 3, 2026, 06:43 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 3, 2026, 06:43 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 3, 2026, 06:43 PM UTC)
- Federal Reserve (primary, retrieved Nov 3, 2026, 06:43 PM UTC)
Market data as of Nov 3, 2026, 06:30 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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