Daily Commodity Insights October 08, 2026 by Religare Broking
Highlights
* A senior Iranian official tells Reuters that Iran "will never give up its right to enrich Uranium" and that there are currently "no talks" underway with the US over Iran's nuclear program.
Gold (Oct)
* Gold declined to a two-month low on Wednesday, pressured by a strong US dollar and Treasury yields, while investors awaited the minutes of the Federal Reserve's September meeting to gauge the central bank's next policy steps.
Crude Oil
Crude Oil (Oct)
* Oil prices fell as G7 nations have agreed to release 100 million barrels of fuel and crude from emergency stockpile.
Natural Gas
Natural Gas (Oct)
* European and British wholesale natural gas prices were largely muted on Wednesday, edging slightly higher as updated weather models predicting c ooler t emperat ures ac ros s Northwestern Europe countered ongoing steady additions to continental storage reserves.
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