Markets · Commodity markets, July 9

What moved in commodities

Thursday, July 9, 2026. From GEO's evening brief, after the close.

Energy sold off hard into the close as the Hormuz risk premium unwound, with WTI down 2.33% and every petroleum contract lower, while metals and grains rallied broadly. Gold, silver, copper and the platinum group all pushed higher on a softer dollar and easing oil, and coffee, cocoa and cotton posted outsized gains.

Written with AI from public sources, checked by code, reviewed by GEO. Not investment advice.