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Commodity Watch — Jun 1, 2026, 12:00 UTC
Welcome to Commodity Watch on rawfin.tv. Geopolitics is truly dominating commodity markets. Oil prices remain volatile. Exxon and Chevron warn of 160 oil. This reflects Iran conflict concerns. Low global stockpiles add pressure. However optimism from potential U.S.
Key takeaways
- Exxon and Chevron warn of 160 oil.
- Spot gold trades at 5 006.7 down 0.03 .
- August futures are down 1.23 to 4 536.3.
Transcript
Welcome to Commodity Watch on rawfin.tv. Geopolitics is truly dominating commodity markets. Oil prices remain volatile. Exxon and Chevron warn of 160 oil. This reflects Iran conflict concerns. Low global stockpiles add pressure. However optimism from potential U.S.-Iran deal developments offers some counter-balance. This creates a complex uncertain outlook. Gold the ultimate safe haven is seeing downward pressure. Spot gold trades at 5 006.7 down 0.03 . August futures are down 1.23 to 4 536.3. This is despite a 'Fear' index of 29. Risk-on sentiment from record stock highs weighs. Elsewhere Palladium is notably lower today. It s down 1.32 to 1 611.5. This highlights broader market jitters. Global events directly impact every trade. Shifting geopolitical dynamics drive these critical price swings. Stay vigilant stay informed. This
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