Oil surges over $1 as Saudi strikes and Iran threat roil markets
Oil gained over $1 as reports of Saudi blasts and Iran's vow to strike energy infrastructure added to supply risk.
07/09/2026 22:5311 min read
Commodities News
Gold, crude oil, industrial metals and agricultural products: supply and demand, inventories and geopolitical risk.
UBS backs gold as portfolio hedge despite hawkish Fed repricing
UBS retains a constructive gold view, positioning it as a portfolio hedge against inflation and geopolitical risks, and advises using price dips to build…
07/09/2026 22:3117 min read
Goldman: Gold's Pullback to $4,000 Is a Buy Zone Before FOMC
Goldman sees gold's pullback as a pause, with dips toward $4,000 an ounce a buying opportunity before the September FOMC.
07/09/2026 21:3217 min read
Crude Rallies to Test $93.50 as Middle East Tensions Rise
Crude oil futures test $93.50 resistance as US-Iran tensions escalate, with technical levels guiding next moves.
07/09/2026 18:0110 min read
LME copper sets new all-time high above $14,530 per tonne
Copper hit a fresh record above $14,530 on the LME as demand, supply, tariffs, and speculation converged.
07/09/2026 15:4322 min read
Gold futures pullback strategy with three targets
Gold futures trade plan calls for a long entry at $4,431.5 with three profit targets and a defined stop.
07/09/2026 13:1220 min read
Oil advances, yen climbs as US markets shut for Labor Day
Oil prices rose on Middle East tensions, yen surged against dollar, and European stocks were cautious as US markets closed for Labor Day.
07/09/2026 12:125 min read
Oil near $100 poses renewed threat to central banks
Oil may soon hit $100 again, threatening to reverse inflation progress and create a policy dilemma for central banks as the US-Iran conflict persists.
07/09/2026 11:4312 min read
New strike hits Saudi Aramco facility in Jizan, damage assessment under way
A fresh attack targeted Saudi Aramco's Jizan facilities on Monday, with damage being assessed. Oil prices rose on the news.
07/09/2026 11:316 min read
Strait of Hormuz Tensions Push Oil Higher After US-Iran Strikes
Oil prices climbed on Friday amid US-Iran missile strikes in the Strait of Hormuz, with OPEC+ keeping output unchanged.
07/09/2026 09:537 min read
Sugar Futures Outperform Bitcoin and Gold in 2026
Raw sugar futures have gained 20% in 2026, outpacing Bitcoin, gold, and the S&P 500 due to supply concerns from EU, Brazil, and India.
07/09/2026 09:1110 min read
Gold falls back after strong jobs data boosts rate hike bets; CPI in focus
Gold erased earlier gains after a strong US jobs report raised rate hike expectations, with traders now focused on the upcoming CPI data.
07/09/2026 08:519 min read
China's gold buying streak extends to 22 months in August
China's gold reserves rose to 76.73 million ounces in August, marking the 22nd consecutive month of purchases.
07/09/2026 08:326 min read
Asia-Pacific markets: oil steady after Hormuz strikes, gold retreats
Oil firmed after Hormuz attacks, gold slipped on strong jobs data, and Asian stocks were mixed as the Hang Seng fell while the Nikkei and Kospi gained.
07/09/2026 03:4210 min read
Gold holds steady as strong jobs data keeps September rate hike in play
Gold holds steady as strong jobs data keeps a September rate hike in play. Perth Mint sales slowed in August.
07/09/2026 01:2213 min read