Commodity Watch — Aug 29, 2026, 12:00 UTC

Transcript

Gold futures plunged 2.88% today. This dramatic move saw prices fall to $4,529.9. This sharp retreat for the safe-haven asset is truly striking. The Federal Reserve held rates steady. This news headline signals some market stability. It likely reduced immediate safe-haven demand. Yet, global uncertainties persist. Crude Oil futures traded at $83.4. It saw a minor dip of 0.16%. OPEC+ supply management remains key. Geopolitical flashpoints also keep crude elevated. We also saw Natural Gas slip 0.89% to $2.888. Supply concerns and storage levels influence this vital energy input. Geopolitical events always shape commodity markets. Even with Fed stability, global risks remain. Gold's move reflects a short-term re-evaluation. But the underlying fear premium is still present. Watch for shifts in inflation outlook. That will move markets. This is Commodity Watch on rawfin.tv.