Commodity Watch — May 3, 2026, 12:00 UTC

Transcript

Welcome to Commodity Watch on rawfin.tv. Geopolitics dominate today's markets. US-Iran tensions are escalating sharply. News reports suggest renewed hostilities. This threatens global oil markets immediately. The Strait of Hormuz is a critical choke point. Supply disruptions would be swift. In this climate gold remains a key safe haven. Spot gold trades at 5 006.7 down slightly. However Gold June futures are up 0.32 to 4 644.5. Investors seek stability amidst global uncertainty. This reflects ongoing geopolitical risks. While direct agricultural commodity data is not currently available we see other notable moves. Silver May futures surged. They are up 3.25 to 76.431. This shows capital flow into precious metals. It signals broader market anxiety. These movements underscore global interconnectedness. Geopolitical events drive commodity prices. Stay vigilant. Monitor these critical developments. For rawfin.tv I'm