Markets · Commodity markets, August 5

What moved in commodities

Wednesday, August 5, 2026. From GEO's evening brief, after the close.

Gold stole the session, settling up 3.67% at $4,305.20/oz as the dollar softened and Middle East risk stayed front of mind. Crude eased back, with WTI down 0.73%, as Hormuz talks progressed but remained unresolved. This week's EIA report showed a small crude build alongside draws in both gasoline and distillate. Refinery runs stayed near seasonal highs at 96.5%.

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