Commodities update: WTI leads gains; gold and silver slip
The USO ETF rose 3.70% from the prior close to $168.53 while the UNG ETF fell 3.44% from the prior close to $9.5500, with prices reported as of Oct 23, 16:00 UTC.
Where prices stand
The USO ETF rose 3.70% from the prior close to $168.53, the largest move among tracked commodities. The UNG ETF fell 3.44% from the prior close to $9.5500, the next-strongest change. The BNO ETF rose 3.21% from the prior close to $71.12, while the CPER ETF rose 2.05% from the prior close to $39.26. The SLV ETF fell 0.85% from the prior close to $48.92 and the GLD ETF fell 0.54% from the prior close to $366.99. All changes are from the prior close and prices are as of Oct 23, 16:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $366.99 | -3.58% | -0.54% | Oct 23, 16:00 UTC | Finnhub |
| Silver (via SLV ETF) | $48.92 | -4.97% | -0.85% | Oct 23, 16:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $168.53 | +13.10% | +3.70% | Oct 23, 16:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $71.12 | -8.40% | +3.21% | Oct 23, 16:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.5500 | -1.27% | -3.44% | Oct 23, 16:00 UTC | Finnhub |
| Copper (via CPER ETF) | $39.26 | -2.48% | +2.05% | Oct 23, 16:00 UTC | Finnhub |
Trend check
Trend signals show WTI Crude Oil is bullish with RSI(14) 62.5; its close 107.89 sits above SMA50 94.53 and longSma 86.42. Brent Crude is neutral with RSI(14) 45.1; its close 115.22 is above longSma 95.84 and near SMA50 111.01. Natural Gas is neutral with RSI(14) 50.9; its close 3.1000 sits above SMA50 2.9632 but below 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 22, 22:40 UTC); it is not a recommendation.
In the news
CoinDesk reported an article about Robinhood seeing a surge in bitcoin and gold prediction markets as traders move beyond sports. CoinDesk ran live updates on bitcoin holding above $81,000 as the AI rout fades and oil climbs. Forexlive published an investingLive European session wrap on equities cautious as Treasury yields rebound and oil holding firm.
- 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
- Sensex , Nifty extend losses as crude surges to USD 114 , all sectors close in red — hongkongherald.com, Oct 23, 13:00 UTC (also reported by calcuttanews.net)
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
- hongkongherald.com (secondary source) — Sensex , Nifty extend losses as crude surges to USD 114 , all sectors close in red
- 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, 16:00 UTC; report generated Oct 23, 16:00 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
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.
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.
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, 04:04 PM UTC)
- Forexlive (secondary, retrieved Oct 23, 2026, 04:04 PM UTC)
- hongkongherald.com (secondary, retrieved Oct 23, 2026, 04:04 PM UTC)
- Finnhub (market-data, retrieved Oct 23, 2026, 04:04 PM UTC)
- Federal Reserve (primary, retrieved Oct 23, 2026, 04:04 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 23, 2026, 04:04 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 23, 2026, 04:04 PM UTC)
Market data as of Oct 23, 2026, 04:00 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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