On 2 November, global commodity markets delivered a mixed performance. Gold surged to $3,902.99, up $27.44 or 0.71% from the previous close, marking a solid rally for the safe‑haven asset.
Silver also moved higher, trading at $50.305, a gain of $1.029 or 2.09%. In contrast, crude oil slipped: WTI fell to $100.93, down $3.19 (‑3.06%), while Brent crude eased to $110.45, down $2.98 (‑2.63%).
Base metals reflected a muted shift. Copper closed at $6.5215, up $0.0115 (0.18%), and aluminium edged up to $3,063.80, a $4.10 gain (0.13%). Natural gas prices were slightly stronger, trading at $2.896, up $0.013 (0.45%).
These movements came in the early trading session between 03:00 and 06:00 UTC, indicating a day of cautious optimism in precious metals and a slight pullback in energy and industrial metals.