Commodities10-4-2023

 

Commodities Despite falling on Thursday, oil prices have now seen gains for three consecutive weeks. Brent and U.S. West Texas Intermediate both lost 0.2% on Thursday. The two benchmarks gained around 6% last week.  Investors believe that a weakening U.S. job market could prevent prices from continuing to rise.  Oil (NYSEARCA:OIL) 30.58 0.30% Gold (NYSEARCA:GLD) 186.49 -0.71% Silver (NYSEARCA:SLV) 22.89 -0.22% Corn (NYSEARCA:CORN) 24.74 -0.72% Lumber (NASDAQ:WOOD) 70.99 0.25% *Commodity prices are as of 7 am ET. Data from MarketWatch. To understand why investors track the prices of these commodities,