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Commodity Watch — May 10, 2026, 18:00 UTC
Welcome to Commodity Watch on rawfin.tv. Geopolitical tensions continue to dictate market movements. Oil prices are rising today. This comes amid escalating Iran tensions. Breaking news shows Singapore oil product stocks. They have fallen to nine-month lows. This is due to the US-Iran conflict.
Key takeaways
- Spot gold is at 5 006.7 nearly flat.
- However June futures are up 0.42 to 4 730.7.
Transcript
Welcome to Commodity Watch on rawfin.tv. Geopolitical tensions continue to dictate market movements. Oil prices are rising today. This comes amid escalating Iran tensions. Breaking news shows Singapore oil product stocks. They have fallen to nine-month lows. This is due to the US-Iran conflict. Reduced supply will exert upward pressure. Global oil prices will likely climb. Gold a traditional safe haven shows mixed signals. Spot gold is at 5 006.7 nearly flat. However June futures are up 0.42 to 4 730.7. This indicates underlying hedging demand. Investors seek safety amidst global uncertainty. Turning to our food baskets. The Trump administration settled a meatpacking antitrust case. This aims to reduce grocery prices. It highlights critical supply chain vulnerabilities. World events directly impact your wallet. The US-Iran conflict impacts energy. Supply chain issues affect our daily food. Geopolitics remain central to all commodity pricing. Stay informed stay ahead. This
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