Sign in to react at any moment of the video.
No reactions yet — be the first.
Commodity Watch — Oct 6, 2026, 12:00 UTC
Crude oil is down 2.38% today. This puts November futures at $87.30 a barrel. The market is weighing mixed signals. Geopolitical tensions remain high. Yet, demand concerns appear to be taking hold. This is despite softening Fed rate hike expectations.
Key takeaways
- Crude oil is down 2.38% today.
- This puts November futures at $87.30 a barrel.
- Turning to industrial metals, Silver rose 0.26%.
Transcript
Crude oil is down 2.38% today. This puts November futures at $87.30 a barrel. The market is weighing mixed signals. Geopolitical tensions remain high. Yet, demand concerns appear to be taking hold. This is despite softening Fed rate hike expectations. That news headline suggested broader market optimism. But oil's dip points to other factors. Perhaps profit-taking after recent gains. Or a slight easing of immediate supply fears. Gold, however, tells a different story. It gained 0.75% today. December futures hit $4,188. This clearly signals persistent safe-haven demand. Investors seek refuge from global uncertainties. Geopolitical risks continue to fuel this demand. Turning to industrial metals, Silver rose 0.26%. It trades at $61.46 an ounce. This modest gain reflects cautious industrial optimism. It hints at a resilient but not booming economy. Global events drive these moves. From supply stability to investor fear. These narratives shape our markets daily. You're watching Commodity Watch on rawfin.tv.
More from Commodity Watch
- Natural Gas -1.7% Drags Commodities as Gold Holds $4,1641d ago
- Natural Gas Drops 3.62% So Far Today While Gold Holds at $4,1814d ago
- Silver -6.4% Drags Commodities as Gold Slips to $4,1156d ago
- Commodity Watch — Oct 11, 2026, 12:00 UTC9d ago
- Commodity Watch — Oct 10, 2026, 12:00 UTC10d ago
- Commodity Watch — Oct 9, 2026, 12:00 UTC11d ago