Oil and precious metals decline in commodity markets
Istanbul, October 29 (Hibya) - Most commodities traded in commodity markets recorded declines. According to the latest released data, gold fell by 0.04 percent and silver lost 0.69 percent.
Most commodities traded in commodity markets recorded declines. According to the latest released data, gold fell by 0.04 percent and silver lost 0.69 percent.
Gold futures for December 2026 delivery traded at 4,049.80, while silver futures declined to 53.298.
Declines were also observed in the energy market. West Texas Intermediate (WTI) crude oil futures for December 2026 delivery fell by 1.32 percent to 101.42, while Brent crude oil futures for January 2027 delivery dropped by 1.23 percent to 110.27.
Natural gas futures for December 2026 delivery decreased by 0.10 percent to 3.029, while heating oil futures declined by 0.57 percent to 4.6335. Gasoline futures also fell by 0.14 percent, trading at 3.1042.
Among industrial metals, copper declined by 0.28 percent to 6.6513. In agricultural commodities, US soybean futures for January 2027 delivery fell by 0.44 percent to 1,232.50, while US wheat futures for December 2026 delivery rose by 0.23 percent to 600.40.
Eu Day Light