Commodities update: copper leads losses at Nov 3, 21:00 UTC
Copper posted the largest decline among tracked commodities while natural gas and WTI rose; prices are as of Nov 3, 21:00 UTC.
Where prices stand
Copper led moves: the CPER ETF was $38.51 and fell 2.18% from the prior close, as of Nov 3, 21:00 UTC. The SLV ETF was $44.84 and fell 1.60% from the prior close. The UNG ETF was $9.1300 and rose 1.44% from the prior close. The USO ETF was $158.14 and rose 0.81% from the prior close. The GLD ETF was $359.31 and fell 0.65% from the prior close. The BNO ETF was $66.15 and rose 0.30% from the prior close.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $359.31 | -1.68% | -0.65% | Nov 3, 21:00 UTC | Finnhub |
| Silver (via SLV ETF) | $44.84 | -6.35% | -1.60% | Nov 3, 21:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $158.14 | -4.19% | +0.81% | Nov 3, 21:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $66.15 | +6.84% | +0.30% | Nov 3, 21:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.1300 | -10.97% | +1.44% | Nov 3, 21:00 UTC | Finnhub |
| Copper (via CPER ETF) | $38.51 | -0.05% | -2.18% | Nov 3, 21:00 UTC | Finnhub |
Trend check
Trend signals (Finnhub) show WTI Crude Oil is bullish with RSI(14) at 53.4 and a last close of 103.37 above the 50-day SMA 96.61 and the long SMA 87.62. Brent Crude is neutral with RSI(14) 52.1 and a last close of 123.10 above the 50-day SMA 114.21 and the long SMA 97.34. Natural Gas is bearish with RSI(14) 42.0 and a last close of 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
Yahoo published an item noting JPMorgan highlighted top copper stocks and that the U.S. project pipeline now reaches approximately 1.3 million tonnes per annum.
- JPMorgan Highlights Top Copper Stocks Amid U.S. Supply Push — Yahoo, Nov 3, 16:42 UTC
What to watch
The Employment Situation (US) is scheduled for Fri Nov 6, 13:30 UTC.
- Fri Nov 6, 13:30 UTC — Employment Situation (US) (source)
Sources and data
- 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, 21:00 UTC; report generated Nov 3, 21:00 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
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
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.
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
- Yahoo (secondary, retrieved Nov 3, 2026, 09:03 PM UTC)
- Finnhub (market-data, retrieved Nov 3, 2026, 09:03 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 3, 2026, 09:03 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 3, 2026, 09:03 PM UTC)
- Federal Reserve (primary, retrieved Nov 3, 2026, 09:03 PM UTC)
Market data as of Nov 3, 2026, 09:00 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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