CRB Index Falls From 1-Month High

The CRB Commodity Index fell to 336 points from a one-month high of 341 following Donald Trump’s US election victory.

WTI crude dropped below $70 per barrel, pressured by China’s subdued demand outlook.

In contrast, U.S.

natural gas futures surged over 6% due to storm Rafael's impact on Gulf of Mexico production.

Meanwhile, Gold slid below $2,670 per ounce as markets anticipated U.S.

inflation data and Federal Reserve speeches, assessing interest rate path under Trump’s presidency.

Moreover, Silver fell to $31.3 per ounce amid concerns over limited Chinese stimulus and a higher U.S.

rate outlook.

Among grains, soybean futures climbed above $10 per bushel, driven by fears of new U.S.-China trade barriers.

Meanwhile, wheat futures dipped to $5.6 per bushel following a lackluster USDA report with marginal changes.