Gold prices are currently trying to bounce back from a recent low, showing some resilience in trading. However, a close above $2650 is needed to confirm a sustained upward movement.
In the oil market, WTI crude has fallen to $68 after an earlier rally stalled at $70. The Organization of the Petroleum Exporting Countries (OPEC+) has postponed its planned output increase, contributing to the downward trend. Potential declines could target $66.60 and the September low of $64.80.
Natural gas prices, which had shown signs of stabilizing, have reversed and closed significantly lower after a brief recovery. Current trading suggests further downward pressure, with potential targets at the October lows of 2640.