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Commodity Watch — Aug 10, 2026, 12:00 UTC
Crude Oil surged 1.14% today, reaching $79.07 a barrel. This climb follows Iran's proposed Strait of Hormuz restrictions. Global supply fears are clearly driving energy markets higher. Gold, a traditional safe haven, is nearly flat, down 0.11% at $4,394.8.
Key takeaways
- Crude Oil surged 1.14% today, reaching $79.07 a barrel.
- Gold, a traditional safe haven, is nearly flat, down 0.11% at $4,394.8.
- The Fear & Greed Index shows deep market fear at 30.
Transcript
Crude Oil surged 1.14% today, reaching $79.07 a barrel. This climb follows Iran's proposed Strait of Hormuz restrictions. Global supply fears are clearly driving energy markets higher. Gold, a traditional safe haven, is nearly flat, down 0.11% at $4,394.8. It holds steady amid West Asia talks and rate outlook concerns. The Fear & Greed Index shows deep market fear at 30. Natural Gas also saw a significant jump, up 3.68% to $2.76. This reflects broader energy market sensitivity and demand shifts. Geopolitical tensions are undeniably dictating commodity values. From oil chokepoints to diplomatic discussions, world events impact prices. Stay ahead of these critical movements with rawfin.tv.
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