Commodities update: WTI leads gains on Oct 28, 2026
The USO ETF, which tracks WTI Crude Oil, rose 1.62% from the prior close; other commodity ETFs showed mixed moves, prices as of Oct 28, 20:00 UTC.
Where prices stand
The USO ETF, which tracks WTI Crude Oil, rose 1.62% from the prior close to $166.53. The BNO ETF, which tracks Brent Crude, rose 0.67% from the prior close to $70.14. The GLD ETF, which tracks Gold, rose 0.35% from the prior close to $373.57. The CPER ETF, which tracks Copper, rose 0.70% from the prior close to $40.33. The UNG ETF, which tracks Natural Gas, fell 1.45% from the prior close to $9.5000. The SLV ETF, which tracks Silver, fell 0.20% from the prior close to $49.06. Prices and moves are from Finnhub and are as of Oct 28, 20:00 UTC.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $373.57 | -1.42% | +0.35% | Oct 28, 20:00 UTC | Finnhub |
| Silver (via SLV ETF) | $49.06 | -5.68% | -0.20% | Oct 28, 20:00 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $166.53 | +13.10% | +1.62% | Oct 28, 20:00 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $70.14 | -8.40% | +0.67% | Oct 28, 20:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $9.5000 | -1.27% | -1.45% | Oct 28, 20:00 UTC | Finnhub |
| Copper (via CPER ETF) | $40.33 | +0.75% | +0.70% | Oct 28, 20:00 UTC | Finnhub |
Trend check
WTI Crude Oil is flagged as bullish with RSI(14) 62.5; its last close is 107.89, the 50-day SMA is 94.53 and the longer SMA is 86.42. Brent Crude is neutral with RSI(14) 45.1; its last close is 115.22, the 50-day SMA is 111.01 and the longer SMA is 95.84. Natural Gas is neutral with RSI(14) 50.9; its last close is 3.1000, the 50-day SMA is 2.9632 and the longer 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 27, 22:41 UTC); it is not a recommendation.
In the news
Yahoo published an article linking Anthropic’s IPO filing to the copper price and discussed levels to watch next.
- What Does Anthropic’s IPO Filing Have to Do With the Copper Price? — Yahoo, Oct 28, 15:43 UTC
What to watch
GDP (BEA) is scheduled Thu Oct 29 (time not confirmed). Personal income and outlays / PCE (BEA) is scheduled Thu Oct 29 (time not confirmed).
- Thu Oct 29 (time not confirmed) — GDP (BEA) (US) (source)
- Thu Oct 29 (time not confirmed) — Personal income and outlays / PCE (BEA) (US) (source)
Sources and data
- Yahoo (secondary source) — What Does Anthropic’s IPO Filing Have to Do With the Copper Price?
- Finnhub (market data) — market data
- U.S. Energy Information Administration via FRED (primary source) — calendar
- U.S. Bureau of Labor Statistics (primary source) — calendar
- Federal Reserve (primary source) — calendar
Market data as of Oct 28, 20:00 UTC; report generated Oct 28, 20:02 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.
WTI crude
West Texas Intermediate, a light, sweet (low-sulphur) US crude oil and the main US price benchmark.
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.
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
- Yahoo (secondary, retrieved Oct 28, 2026, 08:05 PM UTC)
- Finnhub (market-data, retrieved Oct 28, 2026, 08:05 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Oct 28, 2026, 08:05 PM UTC)
- U.S. Bureau of Labor Statistics (primary, retrieved Oct 28, 2026, 08:05 PM UTC)
- Federal Reserve (primary, retrieved Oct 28, 2026, 08:05 PM UTC)
Market data as of Oct 28, 2026, 08:00 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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