Commodities Daily Update
Commodity ETFs — General Overview Commodity ETFs were mixed but generally constructive, with strength concentrated in materials equities, precious metals, mining companies and energy services.
Commodity ETFs — General Overview Commodity ETFs were mixed but generally constructive, with strength concentrated in materials equities, precious metals, mining companies and energy services.
Oil & Gas ETFs Oil-focused ETFs led the commodity complex higher as crude prices surged on escalating Middle East tensions. Leveraged crude fund UCO gained
ETFs Broad Commodities Broad commodity ETFs finished mostly higher, supported by a strong rally in energy. The iShares S&P GSCI Commodity Trust gained 1.92%, the
Commodity ETFs were mixed during the latest session, with strength concentrated in agriculture, palladium and selected energy products, while precious metals, mining equities and uranium
Overall Commodities are mixed this morning , as gold rose 0.77% to a three-month high of $4,716.80 per ounce amid U.S. fiscal concerns and reduced expectations for aggressive interest-rate increases, while silver slipped 0.46% to $69.21. Industrial metals were broadly higher, led by zinc’s 2.96% gain, followed by aluminum at 1.41%, nickel at 1.20% and copper at 0.17%. Metals markets were mixed Monday morning as U.S. equity futures edged lower and the Dollar Index gained 0.18%. Gold rose 0.77% to $4,716.80 per ounce, reaching a three-month high amid mounting U.S. fiscal and debt concerns and reduced expectations for aggressive near-term interest-rate increases.
Commodity markets were mixed on August 17, 2026, as geopolitical tensions, a weaker U.S. dollar and changing interest-rate expectations shaped trading. Oil and several major metals moved higher, while natural gas and selected industrial metals declined. Equity-index futures also pointed to a subdued start, reflecting a cautious broader market backdrop.
Following last week’s higher close, futures signal a higher start again this morning
Daily Commodity ETF Summary — August 3, 2026 Commodity ETFs finished the latest trading session with a pronounced split between energy-related funds and metals-oriented strategies.
Commodities are mixed to begin the week, with precious metals and copper advancing while oil prices decline sharply following a pause in U.S.–Iran military strikes, reducing concerns about supply disruptions and supporting expectations that global oil production and exports will continue without significant interruption. Gold rose 0.66% to $4,097.70 per ounce, silver gained 0.75% to $59.35, and copper advanced 0.73% to $6.40 per pound, while aluminum and zinc declined and nickel was nearly unchanged. The pullback in crude may pressure oil-and-gas producers but could provide broader relief from energy-driven inflation ahead of this week’s FOMC meeting. Mining equities are outperforming the underlying metals, led by gains in gold and copper producers, even as investors monitor operational disruptions affecting global copper production.
Crude oil benchmarks are trading lower as the market weighs renewed prospects for peace talks between the United States and Iran. WTI and Brent initially
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