Commodity Wrap - Oil, Gold, Silver, Wheat (17.03.2026)

Market Overview

As of March 17, 2026, the commodities market has shown varied performance across key assets. Below are the latest prices and percentage changes for major commodities:

• Oil: $101.53, down 1.84%
• Gold: $4883.55, down 2.37%
• Silver: $77.789, down 1.48%
• Wheat: $590.38, up 0.08%

Crude Oil Price Action

Brent crude oil has surged back above the $100 per barrel threshold, indicating a significant psychological level for traders. Meanwhile, West Texas Intermediate (WTI) is trading near $95. This movement suggests a renewed interest in oil markets, potentially driven by geopolitical factors, supply chain dynamics, or changes in demand forecasts.