Commodity wrap: gold, silver continue rally on anxieties on US economy; oil rises

Core Insights - Major commodities experienced a price increase, with gold surpassing the $4,000-per-ounce threshold for the first time in history [1] - Oil prices rose despite concerns regarding oversupply in the market, indicating strong investor confidence [1] Commodity Market Overview - Gold reached a historic high, marking a significant milestone in commodity trading [1] - The rise in oil prices suggests a potential shift in market dynamics, as investors appear to be disregarding previous oversupply fears [1]