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Commodity Watch — Aug 8, 2026, 12:00 UTC
Gold futures surged over two percent today. December Gold contracts hit $4,399.7, up 2.33%. This reflects profound market anxiety. Our Fear & Greed Index sits at 30, signaling deep fear. Investors are actively seeking safe havens globally. Escalating geopolitical tensions are a primary driver.
Key takeaways
- December Gold contracts hit $4,399.7, up 2.33%.
- Our Fear & Greed Index sits at 30, signaling deep fear.
- They reached $78.18, a 1.15% increase.
Transcript
Gold futures surged over two percent today. December Gold contracts hit $4,399.7, up 2.33%. This reflects profound market anxiety. Our Fear & Greed Index sits at 30, signaling deep fear. Investors are actively seeking safe havens globally. Escalating geopolitical tensions are a primary driver. Crude Oil September futures also climbed notably. They reached $78.18, a 1.15% increase. This surge directly follows Iran's proposed Strait of Hormuz restrictions. News headlines confirm Iran's "theater diplomacy" amid shipping disruptions. Such actions directly threaten global energy supplies. OPEC+ decisions also loom large. Silver mirrored gold, jumping 3.07% to $63.499. Meanwhile, industrial metal Copper fell 1.76% to $6.591. This dichotomy suggests caution regarding global industrial demand. World events continue shaping commodity price action. For Commodity Watch, I'm [Your Name]. This is rawfin.tv.
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