Commodities Daily Move2026/05/28 10:51:22Commodities Daily Move — May 28, 2026Gold shed $54 — its steepest drop this month — as Iran deal optimism deflated the safe-haven bid and the Fed shifted to a potential rate hike. Crude gained 2%+ on U.S. military strikes against Iran and shrinking U.S. inventories. Copper extended its slide with technical indicators deeply bearish, while iron ore and corn held near flat.
