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Commodity Watch — Jul 11, 2026, 18:00 UTC
Welcome to Commodity Watch on rawfin.tv. Geopolitical tensions are clearly dictating commodity prices today. Oil especially is reacting strongly. WTI crude surged to 72.25 reflecting a dramatic 7 rally. This follows escalating US-Iran tensions. The recent ceasefire collapse is a major factor.
Key takeaways
- WTI crude surged to 72.25 reflecting a dramatic 7 rally.
- Spot gold trades at 5 006.7 showing a slight dip of 0.03 .
- August futures are also down 0.65 at 4 113.7.
Transcript
Welcome to Commodity Watch on rawfin.tv. Geopolitical tensions are clearly dictating commodity prices today. Oil especially is reacting strongly. WTI crude surged to 72.25 reflecting a dramatic 7 rally. This follows escalating US-Iran tensions. The recent ceasefire collapse is a major factor. Crucial Hormuz traffic has also slowed creating significant global energy supply risks. Gold often a safe haven presents a complex picture. Spot gold trades at 5 006.7 showing a slight dip of 0.03 . August futures are also down 0.65 at 4 113.7. This occurs despite a Fear reading of 26 on the Fear Greed Index. Investors are navigating conflicting signals amidst global uncertainty. We are seeing no major agricultural commodity moves in our current data. However the influence of geopolitics is undeniable. From the Strait of Hormuz to broader supply chain anxieties these events directly shape our markets. For more insights
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