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Commodity Watch — Jun 20, 2026, 19:00 UTC
Welcome to Commodity Watch on rawfin.tv. Geopolitics once again dominate our markets. Oil prices are notably lower today. The breaking news of a US-Iran peace deal is the catalyst. This deal opens the Strait of Hormuz. It eases global supply concerns.
Key takeaways
- Spot gold trades at 5 006.7 down 0.03 .
- Gold August futures fell 1.72 to 4 172.9.
- It comes despite an Extreme Fear index reading of 23.
Transcript
Welcome to Commodity Watch on rawfin.tv. Geopolitics once again dominate our markets. Oil prices are notably lower today. The breaking news of a US-Iran peace deal is the catalyst. This deal opens the Strait of Hormuz. It eases global supply concerns. Gold typically a safe haven is also under pressure. Spot gold trades at 5 006.7 down 0.03 . Gold August futures fell 1.72 to 4 172.9. This decline is significant for futures. It comes despite an Extreme Fear index reading of 23. A hawkish Fed outlook and the peace deal temper gold's appeal. The market digests reduced immediate geopolitical risk. Looking at industrial metals Silver shows weakness. Spot silver trades at 79.255 a 0.83 decline. Its July futures are down 2.12 to 64.91. This reflects broader commodity caution. Investors are reassessing global stability. World events directly shape these commodity prices. The Iran deal reduces immediate supply risks. Yet underlying economic fears persist. This complex interplay defines current market moves. Stay informed stay ahead. This is Commodity
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