Commodities wrap: oil jumps on geopolitical tensions, gold consolidates near highs

Core Insights - Most commodity prices experienced an increase on Friday, with crude oil rising over 1% due to geopolitical tensions in the Middle East and Ukraine [1] - Gold prices continued to consolidate near all-time highs, indicating strong investor interest and market stability [1] Commodity Market Overview - Crude oil prices rose more than 1%, reflecting the impact of geopolitical tensions [1] - The overall trend in commodity prices suggests a positive market sentiment, driven by external factors [1]