WTI Oil Futures Drop 5% While Spot Silver Rises 2%

WTI oil futures plunged 5% during the session, reaching $96.03 per barrel. Spot silver expanded its gain to 2%, with spot gold surpassing $4,370 per ounce. PANews reported on October 18 that WTI oil futures dropped 5.00% during trading hours, while spot silver reached $66.52 per ounce. Spot gold rose 0.69% during the session.

Price movements in oil and precious metals occurred simultaneously, reflecting significant intraday volatility in the commodities market.