RBI Hits Pause as Geopolitical Storm Clouds Gather 
Goldman Sachs Sees U.S. Dollar Holding Firm as Strong Economic Data Supports Outlook 
Fitch Cuts Global Growth Outlook for 2026 as Oil Shock From U.S.-Iran Conflict Weighs on Economy 
Gold Tumbles Below $4,400 on NFP Shock: Fed Easing Bets Crater, Sell on Rallies to $4,300 
Gold Cracks $4,500: Iran-Fed Double Whammy Sends Bullion into Bearish Freefall Toward $4,000 
Today commodity as a pack is in big retreat as supply glut and demand weakness continue to weigh on prices.
- Copper has decisive broken 3 month congestion and dropped to new six year low today. Price is down for seventh consecutive days. Copper is currently trading at $2.16/pound. If weakness in China persists, price could drop as low as $1.85/pound, however a break of $2/pound area won't be easy to come by.
- Oil price is down close to 2%, with Brent benchmark leading the way for WTI. WTI is currently trading at $41.8/barrel, lowest level since August. Brent benchmark $44.7/barrel, down close to 2.8% today so far and at lowest level since August. Latest report from OPEC showed cartel production is still we above target at 31.4 million barrels/day.
- Precious metal pack too having similar bad day. Gold price is down 1% so far, while Silver is down close to 0.7% for the day so far. Gold price is now to lowest level since July this year.
