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

Transcript

Gold surged 1.40% today, hitting $4,476.4 an ounce. This robust move signals deep geopolitical uncertainty. Investors are clearly seeking safety in turbulent times. Crude oil also climbed 1.34%, reaching $92.23 a barrel. Supply concerns remain paramount, driven by global instability. OPEC+ production strategies are a constant pressure point. Escalating Middle East tensions further fuel this rally. Natural gas rose 1.22% to $2.992, mirroring energy market anxieties. Silver gained 1.30% to $66.315, tracking gold's safe-haven appeal. The broader commodity complex reflects heightened global risk perception. We see this despite headlines like Nvidia's $14 billion AI acquisition. Geopolitical factors remain the dominant force in these markets. This has been Commodity Watch on rawfin.tv.