Gold (XAU/USD) advances modestly on Friday as traders seem to book profits ahead of the weekend, yet clings to gains of over 0.51% after reaching a seven-week high of $4,353. At the time of writing, XAU/USD trades at $4,302 as traders digest comments from Federal Reserve (Fed) officials.

United States Baker Hughes US Oil Rig Count increased to 414 from previous 413

Copper prices surged to nearly $12,000 per ton following the Fed’s rate cut, up 36% year-to-date amid concerns that supply may lag rising demand.

West Texas Intermediate (WTI) Crude Oil remains under pressure on Friday, with prices struggling to find traction as persistent oversupply concerns continue to dominate market sentiment.

Gold rose above $4,300 per ounce as the Fed delivered a widely expected 25bps rate cut, with Chairman Powell signaling that labor market weakness and tariffs may prompt further easing.

Russian seaborne Crude exports have surged to multi-year highs, but a growing share appears unsold and stored afloat.

The IEA now expects a smaller—but still hefty—Oil surplus in 2025, as softer OPEC+ output and firmer demand narrow the gap.

The EIA projects US Crude production to peak at 13.87 million b/d in October before easing in 2026, while a global supply surplus of 2 million b/d is expected to push Brent prices down to $55.

Gold (XAU/USD) extends its advance on Friday as expectations build for further monetary policy easing by the Federal Reserve (Fed) after this week’s interest rate cut. At the time of writing, XAU/USD is trading around $4,335, just shy of its all-time high near $4,381, marked on October 20.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.16 per troy ounce, up 0.94% from the $63.56 it cost on Thursday.

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $57.76 per barrel, up from Thursday’s close at $57.68.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.35 price posted on Thursday, and trading at $61.41.

Gold (XAU/USD) edges lower during the Asian session on Friday and erodes a part of the previous day's strong gains, snapping a three-day winning streak to the $4,285-4,286 region, or the highest level since October 21.

Gold prices fell in India on Friday, according to data compiled by FXStreet.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.85 during the Asian trading hours on Friday.

Gold (XAU/USD) skyrockets on Thursday after the Federal Reserve (Fed) cut rates as expected on Wednesday, and even though it hinted at a pause in the easing cycle, it was not an excuse for the rally in precious metals.

Gold (XAU/USD) eases slightly on Thursday as investors reassess the Federal Reserve’s (Fed) monetary policy outlook after the latest interest rate cut.

West Texas Intermediate (WTI) US Oil trades around $57.70 on Thursday at the time of writing, down 1.80% on the day.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $62.00 per troy ounce, up 0.35% from the $61.78 it cost on Wednesday.

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $57.95 per barrel, down from Wednesday’s close at $58.77.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $61.62 after its previous daily close at $62.46.

Gold (XAU/USD) retreats following a modest Asian session uptick to the $4,247 area, or a fresh weekly high, and for now, seems to have snapped a two-day winning streak.

Gold prices fell in India on Thursday, according to data compiled by FXStreet.

Silver Price (XAG/USD) retraces to near $62.00 during the Asian trading session on Thursday after posting a fresh all-time high at $62.87 earlier in the day.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.70 during the Asian trading hours on Thursday. The WTI price drifts lower on diplomatic steps toward ending the Russia-Ukraine war.

Gold (XAU/USD) prices rise during the North American session after the Federal Reserve decided to cut rates as expected. At the time of writing XAU/USD trades volatile, between $4,190-$4,220 posting losses of over 0.25%.

West Texas Intermediate (WTI) Crude Oil steadies on Wednesday, trimming part of its earlier losses as traders react to the latest US Energy Information Administration (EIA) report. At the time of writing, WTI is trading around $58.00, rebounding after hitting an intraday low of $57.54.

Gold (XAU/USD) posts modest losses on Wednesday with traders bracing for the Federal Reserve’s (Fed) monetary policy decision, along with Fed Chair Jerome Powell's press conference. At the time of writing, XAU/USD trades at $4,197 after reaching a daily peak of $4,218.

United States EIA Crude Oil Stocks Change came in at -1.812M, below expectations (-1.2M) in December 5

Gold (XAU/USD) edges slightly lower on Wednesday, with price action contained inside the recent consolidation zone as markets brace for the Federal Reserve’s (Fed) interest rate decision. At the time of writing, XAU/USD is hovering near $4,200, down from the intraday high of $4,218.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $60.97 per troy ounce, up 0.30% from the $60.79 it cost on Tuesday.

TradingKey - As of press time, silver prices have surged past $60 an ounce, with year-to-date gains nearing 110% and significantly outperforming gold's 60% rise.[Silver/Gold Year-to-Date Gains, Source