Market Outlook · samer saeed · October 16, 2026
Global Markets Gain as Commodities Rally While Oil Slips
On Friday, global markets edged higher, with the benchmark index closing at 4,186.20 points, a gain of 15.56 points or 0.37%. Gold rose to $4,186.20 per ounce, silver climbed to $57.90 per ounce, copper increased 1.06% to $6.63, and aluminum rose 0.75% to $3,007.30. Natural gas fell 1.64% to $3.18. Oil prices slipped modestly: WTI crude dropped 0.61% to $97.37, while Brent fell 0.42% to $105.48. The session ran from 08:00 to 16:00 on 16/10.
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