Commodity Watch — May 29, 2026, 06:00 UTC

Transcript

Welcome to Commodity Watch on rawfin.tv. Geopolitical tensions are dominating market moves today. Breaking news US and Israeli jets reportedly struck Iranian vessels in the Strait of Hormuz. This immediately sent energy prices spiking. US strikes near Hormuz are driving oil higher. Global supply concerns are paramount. This instability is clearly reflected in gold. Our Fear Greed Index shows Extreme Fear at 23. Gold futures for June 26 are up 0.38 trading at 4 549.7. Investors are flocking to safe havens. This is a direct response to escalating global risks. World events are shaping these commodity valuations. The situation in the Middle East remains volatile. Stay vigilant. This is Commodity Watch on rawfin.tv.