Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Gold and Silver Surge While the Dollar Drops
In this episode of The Commodities Economy, Lucas and Luna explore a striking divergence in the commodities market as of June 2026: gold has surged to $4,348 per ounce, up 6.3% in a week, and silver has soared 9.3% to $69.85, while crude oil has tumbled over 8%. They dissect the dual drivers: a weakening U.S. dollar after a historic U.S.-Iran deal and shifting global risk sentiment. Lucas explains how the 'safe haven' narrative has flipped, with metals rallying despite sticky core inflation at 3.1% PCE. The conversation also touches on silver's industrial demand story…
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