Commodities update: Copper leads moves on Thursday
Copper (CPER ETF) fell 2.36% while Brent (BNO ETF) rose 2.28%; other commodity ETFs posted mixed moves as of Nov 5, 18:01 UTC.
Where prices stand
Copper led moves: the CPER ETF (tracks Copper) fell 2.36% from the prior close to $37.68. Brent was the biggest gainer among the set: the BNO ETF (tracks Brent Crude) rose 2.28% from the prior close to $61.78. The USO ETF (tracks WTI Crude Oil) rose 1.60% from the prior close to $147.73. The GLD ETF (tracks Gold) rose 0.88% from the prior close to $375.75. The UNG ETF (tracks Natural Gas) rose 0.86% from the prior close to $9.3500. The SLV ETF (tracks Silver) was little changed from the prior close at $47.18. All prices are as of Nov 5, 18:01 UTC, except the BNO ETF price, which is as of Nov 5, 18:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $375.75 | -0.27% | +0.88% | Nov 5, 18:01 UTC | Finnhub |
| Silver (via SLV ETF) | $47.18 | -3.87% | +0.04% | Nov 5, 18:01 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $147.73 | -3.61% | +1.60% | Nov 5, 18:01 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $61.78 | -13.05% | +2.28% | Nov 5, 18:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.3500 | -4.71% | +0.86% | Nov 5, 18:01 UTC | Finnhub |
| Copper (via CPER ETF) | $37.68 | -4.31% | -2.36% | Nov 5, 18:01 UTC | Finnhub |
Trend check
WTI Crude Oil shows a neutral status with RSI(14) 47.3; close 99.64, SMA50 98.25 and longSma 88.71. Brent Crude shows a neutral status with RSI(14) 38.8; close 107.03, SMA50 116.17 and longSma 98.50. Natural Gas shows a bearish status with RSI(14) 42.3; close 2.6300, SMA50 2.9394 and 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". Reuters published a podcast item titled "PODCAST: Oil heads for pandemic-era fall". Yahoo ran a piece titled "What Would Rising Commodity Costs Do To Ford Stock?".
- ConocoPhillips beats estimates on higher oil prices, raises dividend — Reuters, Nov 5, 15:24 UTC
- PODCAST: Oil heads for pandemic-era fall — Reuters, Nov 5, 14:29 UTC
- What Would Rising Commodity Costs Do To Ford Stock? — Yahoo, Nov 5, 12:06 UTC
What to watch
The next scheduled release is the Employment Situation (US) on Fri Nov 6, 13:30 UTC, which is due to be published by the 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) — What Would Rising Commodity Costs Do To Ford Stock?
- 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, 18:01 UTC; report generated Nov 5, 18:01 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.
Brent crude
The international crude oil benchmark, based on a basket of North Sea grades and traded as futures on ICE.
WTI crude
West Texas Intermediate, a light, sweet (low-sulphur) US crude oil and the main US price benchmark.
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.
Sources & data
- Reuters (secondary, retrieved Nov 5, 2026, 06:03 PM UTC)
- Yahoo (secondary, retrieved Nov 5, 2026, 06:03 PM UTC)
- Finnhub (market-data, retrieved Nov 5, 2026, 06:03 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 5, 2026, 06:03 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 5, 2026, 06:03 PM UTC)
- Federal Reserve (primary, retrieved Nov 5, 2026, 06:03 PM UTC)
Market data as of Nov 5, 2026, 06:01 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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