Markets to Watch Today

Crude Oil: October Crude Oil futures fell for the fifth straight day. This continues a four-week sell-off, totaling more than $11. Friday’s pressure was attributed to expectations that the Organization of Petroleum Exporting Countries will leave production quotas unchanged when the cartel meets on Monday. The October Crude Oil contract fell $1.07, to close at $66.25 a barrel.

Silver: December Silver futures continued their week-long decline on Friday, closing down 5.9% on the week. At one point on Friday, December Silver traded at $12.09, it’s lowest level since August 29. However, the contract did come off its lows before the closing bell. The December Silver contract closed down 40 cents at $12.295 an ounce.

Gold: December Gold futures fell for the third straight day, creating a three-session total loss of $29.60 an ounce. The main factors were the recent rise in the Dollar, coupled with declines in Crude Oil. Also factoring in were news releases of major mine expansions in South Africa and rising production in China. December Gold futures closed down $7.60 at $617.30 a troy ounce.