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Find out which commodities performed best in today's range-bound market

24 November 2022

GCUSDHOUSDSIUSD

Markets were flat today, yet Silver, Heating Oil, Gold showed impressive gains and made this list of top gainers.

Markets did not have a clear cut direction — Soybeans closed $1,437 after a stable day. Crude Oil closed at $77.96 after a flat day.

This limbo state is reflected by published market data as highly important Crude Oil Inventories data from United States beat analyst expectations of -1 million with a reading of -3.69 million.

Though today was a sideways session for markets, some commodities increased in value. Take a look at our top gainers.

CME Gold | +0.54% at $1,755

3 days and $8.2 of gains were not enough. Today's session pointed in the same direction — after closing at $1,745.6 on yesterday, CME Gold rallied as high as $1,759 but ended the day at $1,755 per ounce.

NY Heating Oil | Ended today's session at $3.38

Heating Oil is on a 7 day downtrend With a marginal improvement upon today's session, without a clear direction, NY Heating Oil closed at $3.38 per gallon while ranging between $3.33 and $3.39.

The CME Silver future | +0.76% at $21.53

CME Silver is on a 3 day bullish run gaining 47.5 cents (3.05%). Today's session pointed in the same direction — bullish sentiment helped Silver to push 16.3 cents higher, reaching session highs around $21.73, before consolidating until close. Ultimately, CME Silver closed today at $21.53 per troy ounce.

Market Summary

Latest Commodities News

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After 23 days of declines, Cocoa is up $27 today

After three days of declines, Soybeans is up $7.75 today

The CME Silver future increases to $24.26 after a 9 day downtrend

A slow down? After nine days of going up, Rough Rice is flat today, hovering around $18.27.

After four days of going down, ICE Coffee is stable today, trading around $183.05

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