Commodities update: UNG ETF leads gains as crude ETFs fall
Commodities were mixed with the UNG ETF the top mover and crude ETFs lower; price levels reported by Finnhub as of Nov 9, 17:30 UTC.
Where prices stand
The UNG ETF rose 6.84% from the prior close to $9.9900. The BNO ETF fell 4.48% from the prior close to $59.43. The USO ETF fell 3.16% from the prior close to $143.72. The CPER ETF rose 1.51% from the prior close to $38.24. The SLV ETF rose 1.49% from the prior close to $47.57. The GLD ETF rose 0.99% from the prior close to $376.21. All prices as of Nov 9, 17:30 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $376.21 | +4.71% | +0.99% | Nov 9, 17:30 UTC | Finnhub |
| Silver (via SLV ETF) | $47.57 | +5.09% | +1.49% | Nov 9, 17:30 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $143.72 | -3.61% | -3.16% | Nov 9, 17:30 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $59.43 | -13.05% | -4.48% | Nov 9, 17:30 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.9900 | -4.71% | +6.84% | Nov 9, 17:30 UTC | Finnhub |
| Copper (via CPER ETF) | $38.24 | -3.39% | +1.51% | Nov 9, 17:28 UTC | Finnhub |
Trend check
Finnhub shows WTI Crude Oil is neutral with RSI(14) 47.3, close 99.64, 50-day moving average 98.25 and longer-term moving average 88.71; Brent Crude is neutral with RSI(14) 38.8, close 107.03, 50-day moving average 116.17 and longer-term moving average 98.50. Finnhub shows Natural Gas is bearish with RSI(14) 42.3, close 2.6300, 50-day moving average 2.9394 and longer-term moving average 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 8, 22:41 UTC); it is not a recommendation.
In the news
Forexlive published a European news wrap on US-Iran developments and US CPI. Yahoo ran pieces noting tech stocks rallied as Nvidia shares fell and that the Dow rallied as oil prices slid. rttnews.com published a note suggesting steep drops in oil prices may lead to an extended rebound on Wall Street.
- investingLive European news wrap: Markets await fresh US-Iran developments, US CPI data — Forexlive, Nov 9, 12:39 UTC
- Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck — Yahoo, Nov 9, 15:22 UTC
- Steep Drop In Oil Prices May Lead To Extended Rebound On Wall Street — rttnews.com, Nov 9, 13:56 UTC
- Stock Market Today: Dow Rallies As Oil Prices Slide; Nvidia Stock Dives On CEO Huang Probe (Live Coverage) — Yahoo, Nov 9, 13:53 UTC
What to watch
The US Consumer Price Index is scheduled for Tue Nov 10, 13:30 UTC, according to bls.
- Tue Nov 10, 13:30 UTC — Consumer Price Index (US) (source)
Sources and data
- Forexlive (secondary source) — investingLive European news wrap: Markets await fresh US-Iran developments, US CPI data
- Yahoo (secondary source) — Tech stocks rally as Nvidia stock and oil prices fall: AlphaCheck
- rttnews.com (secondary source) — Steep Drop In Oil Prices May Lead To Extended Rebound On Wall Street
- 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 9, 17:30 UTC; report generated Nov 9, 17:30 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
- Forexlive (secondary, retrieved Nov 9, 2026, 05:33 PM UTC)
- Yahoo (secondary, retrieved Nov 9, 2026, 05:33 PM UTC)
- rttnews.com (secondary, retrieved Nov 9, 2026, 05:33 PM UTC)
- Finnhub (market-data, retrieved Nov 9, 2026, 05:33 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Nov 9, 2026, 05:33 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 9, 2026, 05:33 PM UTC)
- Federal Reserve (primary, retrieved Nov 9, 2026, 05:33 PM UTC)
Market data as of Nov 9, 2026, 05:30 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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