Global Commodities Snapshot: Gold & Silver Tumble, Energy Prices Edge Higher

Market News · samer saeed · October 23, 2026

Global Commodities Snapshot: Gold & Silver Tumble, Energy Prices Edge Higher

On Friday, October 23, major commodity benchmarks showed mixed movement. Gold fell to $4,016.57 per ounce, down $7.98 or 0.20%, while silver slipped to $53.98, a decline of $1.03 or 1.87%. Energy prices rose: WTI crude climbed to $100.32, up $0.85 (0.85%), and Brent crude edged up to $113.69, a gain of $0.52 (0.46%). Copper and aluminum also posted modest gains, trading at $6,452.80 (+0.86%) and $3,017.60 (+0.27%) respectively. Natural gas, however, slipped to $2.723, a drop of $0.073 or 2.61%. These shifts reflect ongoing supply‑demand dynamics and geopolitical developments impacting the global commodities market.

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