Commodity Watch — Jul 29, 2026, 12:00 UTC

Transcript

Crude Oil surged a dramatic 4.13% today. It hit $82.53 a barrel. This jump follows escalating US-Iran tensions. Renewed strikes ignited the market. Geopolitical risk premiums are back. Headlines screamed "Oil Prices Jump as US-Iran Tensions Escalate." Yet, earlier, "Wall Street Futures Rise as Oil Tumbles on US-Iran De-escalation Hopes." This demonstrates extreme volatility. Every geopolitical whisper now dictates price. Gold, a traditional safe haven, saw a slight dip. It traded at $4,093.5, down 0.12%. Investors are balancing multiple, complex risks. Silver, however, shows resilience. It is up 0.79%, reaching $57.985. This suggests a persistent flight to tangible assets. Industrial demand also plays a role. The Singapore Central Bank just tightened monetary policy. This move directly links to "Rising Oil Prices and Inflation Risk." This highlights energy's broad economic impact. Global events directly dictate commodity prices. Geopolitics remains the primary market driver. Understanding these links is crucial. Stay informed. This is Commodity Watch on rawfin.tv.