Commodity Watch — Jun 16, 2026, 12:00 UTC

Transcript

Welcome back to Commodity Watch on rawfin.tv. Geopolitics are absolutely driving markets today. Breaking news of a US-Iran deal is shaking things up. This agreement to reopen the Strait of Hormuz immediately eased oil supply fears. We've seen downward pressure on crude prices as a direct result. This diplomatic breakthrough is a key market mover. Despite an 'Extreme Fear' reading on the Fear Greed Index at 23 gold remains relatively flat. Spot gold is at 5 006.7 down just 0.03 . August futures are up slightly 0.20 to 4 360.2. The Iran deal seems to temper immediate safe-haven demand. Looking at industrial metals Platinum Jul 26 futures show a notable move. They are up 1.64 to 1 801.8. This reflects underlying industrial demand. This US-Iran agreement underscores global interconnectedness. Geopolitical stability directly impacts energy metals and broader market sentiment. We see this play out in commodity prices daily. Stay