Commodities update: Oil leads gains as of Oct 23, 17:00 UTC
USO ETF led the session with a 3.58% gain; natural gas and precious metals slipped as of Oct 23, 17:00 UTC.
Where prices stand
All moves are from the prior close, as of Oct 23, 17:00 UTC. The USO ETF was $168.32 and rose 3.58% from the prior close, the largest move. The UNG ETF was $9.5800 and fell 3.13% from the prior close. The BNO ETF was $70.72 and rose 2.63% from the prior close. The CPER ETF was $39.15 and rose 1.77% from the prior close. The SLV ETF was $48.79 and fell 1.11% from the prior close. The GLD ETF was $366.67 and fell 0.63% from the prior close.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $366.67 | -3.58% | -0.63% | Oct 23, 17:00 UTC | Finnhub |
| Silver (via SLV ETF) | $48.79 | -4.97% | -1.11% | Oct 23, 17:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $168.32 | +13.10% | +3.58% | Oct 23, 17:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $70.72 | -8.40% | +2.63% | Oct 23, 17:01 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.5800 | -1.27% | -3.13% | Oct 23, 17:00 UTC | Finnhub |
| Copper (via CPER ETF) | $39.15 | -2.48% | +1.77% | Oct 23, 16:59 UTC | Finnhub |
Trend check
Finnhub trend signals list WTI Crude Oil as bullish with RSI(14) 62.5; its close is 107.89, the 50-day SMA is 94.53 and the long SMA is 86.42. Brent Crude is neutral with RSI(14) 45.1; its close is 115.22, the 50-day SMA is 111.01 and the long SMA is 95.84. Natural Gas is neutral with RSI(14) 50.9; its close is 3.1000, the 50-day SMA is 2.9632 and the long SMA is 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 22, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk reported that Robinhood sees a surge in bitcoin and gold prediction markets. CoinDesk also ran live updates noting bitcoin holds above $81,000 as oil climbs. Forexlive published a European session wrap saying equities were cautious as Treasury yields rebounded and oil held firm. Cointelegraph reported bitcoin seeks support above $81K as Brent crude hit its highest level since March.
- Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports — CoinDesk, Oct 23, 13:58 UTC
- Live updates: Bitcoin holds above $81,000 as the AI rout fades and oil climbs — CoinDesk, Oct 23, 11:13 UTC
- investingLive European session wrap: Equities cautious as Treasury yields rebound, oil holds firm — Forexlive, Oct 23, 11:34 UTC
- Bitcoin seeks support above $81K as Brent crude oil hits highest level since March — Cointelegraph, Oct 23, 15:39 UTC
Sources and data
- CoinDesk (secondary source) — Robinhood sees surge in bitcoin, gold prediction markets as traders move beyond sports
- Forexlive (secondary source) — investingLive European session wrap: Equities cautious as Treasury yields rebound, oil holds firm
- Cointelegraph (secondary source) — Bitcoin seeks support above $81K as Brent crude oil hits highest level since March
- 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 23, 17:01 UTC; report generated Oct 23, 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
- CoinDesk (secondary, retrieved Oct 23, 2026, 05:05 PM UTC)
- Forexlive (secondary, retrieved Oct 23, 2026, 05:05 PM UTC)
- Cointelegraph (secondary, retrieved Oct 23, 2026, 05:05 PM UTC)
- Finnhub (market-data, retrieved Oct 23, 2026, 05:05 PM UTC)
- Federal Reserve (primary, retrieved Oct 23, 2026, 05:05 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 23, 2026, 05:05 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 23, 2026, 05:05 PM UTC)
Market data as of Oct 23, 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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