In the commodities asset class in August 2026, Ethereum was up more than 30%, and Bitcoin, cocoa, and world sugar futures gained more than 20%. Silver, heating oil, crack spreads, corn, CBOT wheat, and cotton were up between 10% and 20%. ICE FCOJ was the only commodity to post a double-digit percentage decline. The DJIA, S&P 500, NASDAQ Composite, and Russell 2000 indices were mostly higher. The long bond futures edged higher. The September dollar index futures fell by 0.40%. The long bond futures rose by 0.40%. A lower dollar index and slightly lower interest rates were a bullish signal for commodity prices, and most raw material futures posted gains. Long-term interest rates edged lower, even though the Fed left the Fed Funds Rate unchanged at the most recent FOMC meeting.
