Commodities Pulse: Gold, Oil, and Metals Shift in Mid‑October

Market News · samer saeed · October 18, 2026

Commodities Pulse: Gold, Oil, and Metals Shift in Mid‑October

On October 16, benchmark gold (XAU/USD) closed at $4,165.40, down 5.24 points or 0.13%. Silver (XAG/USD) slipped 0.02 points to $57.14, a 0.04% decline. WTI crude (CL=F) climbed 3.87 points to $101.84, up 3.95%, while Brent crude (Brent=F) fell 0.17 points to $109.69, a 0.15% drop. Copper (HG=F) edged up 0.01 points to $6.56, a 0.08% gain, and aluminium (AL=F) rose 23.50 points to $3,008.50, a 0.79% increase. Natural gas (NG=F) slipped 0.12 points to $3.12, a 3.68% decline. These mixed movements reflected broader market volatility as investors weigh global economic data and geopolitical developments.

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