Commodity Watch — May 3, 2026, 07:00 UTC

Transcript

Welcome back to Commodity Watch on rawfin.tv. Today geopolitics are undeniably steering commodity markets. Global events create immediate price reactions. Oil remains at the forefront. The US-Iran tensions headline demands attention. Reports suggest hostilities could resume soon. This threatens the critical Strait of Hormuz. Such disruption would directly impact global oil supply. Expect significant price volatility to continue. Gold confirms this market anxiety. Spot Gold trades at 5 006.7 down a slight 0.03 . However its June 26 futures climbed 0.32 to 4 644.5. This divergence often indicates hedging. Silver's May 26 futures surged impressively. They gained 3.25 reaching 76.431. These moves signal a clear flight to precious metals. Investors seek safe havens from uncertainty. Commodities are truly global barometers. Political instability supply chain risks and demand shifts all converge here. We connect these crucial dots for you. For unparalleled market insights