---
title: "UK Shares Close Higher as Commodities Extend Record Rally"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-11-28T18:29:03+00:00"
modified: "2025-11-28T18:29:03+00:00"
date: 2025-11-28
canonical: "https://www.share-talk.com/uk-shares-close-higher-as-commodities-extend-record-rally/"
category: "Blogs"
categories: ["Blogs", "Technology", "Technology, Media & Telecoms"]
tags: ["capex", "china", "chinese", "CME Group exchange", "COMEX", "COPPER", "Crude prices", "FTSE 100", "FTSE 250", "Gold", "Inflation", "mid-cap", "refiners", "smelters", "USA"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/FTSE-100-31-oct-scaled.webp?fit=1200%2C900&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# UK Shares Close Higher as Commodities Extend Record Rally

**Published:** November 28, 2025
**Author:** sharetalk
**Categories:** Blogs, Technology, Technology, Media & Telecoms
**Tags:** capex, china, chinese, CME Group exchange, COMEX, COPPER, Crude prices, FTSE 100, FTSE 250, Gold, Inflation, mid-cap, refiners, smelters, USA
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/FTSE-100-31-oct-scaled.webp?fit=1200%2C900&quality=80&ssl=1)

---

UK equities ended the session modestly higher after largely flat trading on Thursday, supported by renewed strength in energy and mining stocks.

The FTSE 100 advanced 0.3% to close at 9,720.51, with heavyweight resource names providing much of the upward momentum. The mid-cap FTSE 250 also added just over 0.3% to 22,165.17, although the index remains down 1.42% over the past month, reflecting ongoing pressure on domestically exposed stocks.

In commodities, momentum continued to build, with silver surging to a record high of $55 per ounce. [Copper](https://www.share-talk.com/copper-hits-record-high-amid-supply-strain-and-surging-demand/) also pushed into fresh territory, climbing 2.5% to reach a new peak of $11,210.50 per tonne, underpinned by tightening supply conditions and robust global demand.

The strength in metals provided a further tailwind for mining shares, reinforcing their role as a key driver of market performance during the session.

While gold prices have climbed to a two-week high and remain on course for a fourth consecutive monthly gain, oil is moving in the opposite direction. Crude prices are set for a fourth straight monthly decline — the longest losing streak in more than two years — as persistent concerns over global oversupply continue to weigh on the market.

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