Commodities update: Copper leads gains
Copper was the top mover as of Oct 27, 17:00 UTC; crude ETFs and natural gas fell while gold and silver posted modest gains.
Where prices stand
The CPER ETF rose 1.60% to $40.02, the largest move in the group; the GLD ETF rose 1.15% to $372.05 and the SLV ETF rose 0.92% to $49.11. The USO ETF fell 1.53% to $163.69, the BNO ETF fell 0.86% to $69.47, and the UNG ETF fell 0.73% to $9.4900 — all moves are from the prior close and prices are as of Oct 27, 17:00 UTC (BNO at Oct 27, 16:59 UTC).
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $372.05 | -3.13% | +1.15% | Oct 27, 17:00 UTC | Finnhub |
| Silver (via SLV ETF) | $49.11 | -5.59% | +0.92% | Oct 27, 17:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $163.69 | +13.10% | -1.53% | Oct 27, 17:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $69.47 | -8.40% | -0.86% | Oct 27, 16:59 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.4900 | -1.27% | -0.73% | Oct 27, 17:00 UTC | Finnhub |
| Copper (via CPER ETF) | $40.02 | -0.45% | +1.60% | Oct 27, 17:00 UTC | Finnhub |
Trend check
Finnhub shows WTI Crude Oil is bullish with RSI(14) 62.5; close 107.89 sits above SMA50 94.53 and longSma 86.42. Brent Crude is neutral with RSI(14) 45.1; close 115.22 relative to SMA50 111.01 and longSma 95.84, and Natural Gas is neutral with RSI(14) 50.9; close 3.1000 relative to SMA50 2.9632 and longSma 3.4653.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| WTI Crude Oil | 107.89 | 94.53 | 86.42 | 62.5 | bullish |
| Brent Crude | 115.22 | 111.01 | 95.84 | 45.1 | neutral |
| Natural Gas | 3.1000 | 2.9632 | 3.4653 | 50.9 | neutral |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Oct 26, 22:41 UTC); it is not a recommendation.
In the news
Reuters reported Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile. Reuters reported US stock futures gain as oil pulls back ahead of Fed decision.
- Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile — Reuters, Oct 27, 14:36 UTC
- US stock futures gain as oil pulls back ahead of Fed decision — Reuters, Oct 27, 11:27 UTC
What to watch
The FOMC rate decision is scheduled Wed Oct 28, 18:00 UTC. Personal income and outlays / PCE (BEA) is scheduled Thu Oct 29 (time not confirmed). GDP (BEA) is scheduled Thu Oct 29 (time not confirmed).
- Wed Oct 28, 18:00 UTC — FOMC rate decision (US) (source)
- Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
- Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
Sources and data
- Reuters (secondary source) — Yemen's Houthis say they hit Saudi Ras Tanura oil refinery with missile
- Finnhub (market data) — market data
- Federal Reserve (primary source) — calendar
- U.S. Energy Information Administration via FRED (primary source) — calendar
- U.S. Bureau of Labor Statistics (primary source) — calendar
Market data as of Oct 27, 17:00 UTC; report generated Oct 27, 17:00 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.
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.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
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
- Reuters (secondary, retrieved Oct 27, 2026, 05:04 PM UTC)
- Finnhub (market-data, retrieved Oct 27, 2026, 05:04 PM UTC)
- Federal Reserve (primary, retrieved Oct 27, 2026, 05:04 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 27, 2026, 05:04 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 27, 2026, 05:04 PM UTC)
Market data as of Oct 27, 2026, 05:00 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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