Gold (XAU/USD) price bounces off daily lows beneath $4,300 on Friday and reclaims the 100-day Simple Moving Average (SMA) of $4,335 following the release of US inflation data, which fueled speculation that a Federal Reserve (Fed) rate hike next week is almost certain.

United States Baker Hughes US Oil Rig Count increased to 450 from previous 449

Bitcoin (BTC) is gaining ground and approaching $79,000 on Friday, following the release of the United States (US) inflation data.

Silver (XAG/USD) rebounds sharply on Friday, trading around $64.30 at the time of writing, up 1.13% on the day. The white metal recovers after briefly falling to a three-week low of $62.94 in the immediate reaction to the latest United States (US) inflation figures.

West Texas Intermediate (WTI) Oil comes under heavy selling pressure on Friday as traders lock in profits following a sharp rally that pushed the US benchmark to its highest level since May 21. At the time of writing, WTI trades around $96.50, down roughly 4% on the day.

Commerzbank strategists argue that Brent crude should gradually retreat toward pre-war levels as covert tanker “dark transits” and diversions restore Gulf supply.

West Texas Intermediate (WTI) US Oil drops 4.54% on Friday and trades around $96.00 at the time of writing.

BNY’s Geoff Yu highlights that Brent has approached $110 as Houthi advances near the Bab el-Mandeb Strait raise concerns over Red Sea shipping and broader supply chains.

Gold holds firm on Friday as a pullback in US Treasury yields and Oil prices offers some support, although buying interest remains limited ahead of the US Consumer Price Index (CPI) report due at 12:30 GMT.

Gold (XAU/USD) nudges higher on Friday, as the US Dollar’s (USD) recovery stalls ahead of the US Consumer Price Index (CPI) release, due later in the day.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.04 per troy ounce, up 0.72% from the $63.58 it cost on Thursday.

ING’s Commodities Strategist Ewa Manthey notes that Copper has dropped sharply after a Reuters report suggested a US decision on refined Copper tariffs is still pending, highlighting how a tariff premium has driven prices beyond fundamentals.

Silver (XAG/USD) finds some support near the $63.00 mark and stages a modest intraday recovery from an over three-week low, touched earlier this Friday.

ING analysts Warren Patterson and Ewa Manthey note that Brent and WTI have rallied sharply as Middle East tensions escalate and Saudi Arabia reports a steep drop in output.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $98.50 during the early European trading hours on Friday. WTI tumbles as traders take some profits amid technical oversold conditions and US crude inventories fall less than expected. 

Iran and Gulf states are set to hold a meeting aimed at securing buy-in for a temporary deal to manage shipping through the Strait of Hormuz, the Financial Times reported on Friday.

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

Gold (XAU/USD) struggles to register any meaningful recovery and languishes near a one-and-a-half-week low, touched during the Asian session on Friday.

West Texas Intermediate (WTI) halts its four-day winning streak, trading around $99.00 per barrel during Asian hours on Friday. However, crude oil prices may rebound as the escalating conflict between the US and Iran has fueled concerns over prolonged disruptions to global energy supplies.

Gold price (XAU/USD) tumbles to near $4,320 during the early Asian session on Friday. The precious metal faces some selling pressure after the US Producer Price Index (PPI) inflation data and rising oil prices increased bets for a Federal Reserve (Fed) rate hike.

West Texas Intermediate (WTI), the US crude Oil benchmark, rises more than 7% as attacks in the Middle East intensify, driving WTI above the $ 100-per-barrel barrier for the first time since May 2026. At the time of writing, WTI trades at $103.86 after bouncing off lows of $95.37.

Silver price erases Wednesday's gains and forms a bearish head-and-shoulders chart pattern after the white metal tanks and breaks a support trendline around $64.00-$64.15, exacerbating the decline below $63.50. At the time of writing, XAG/USD trades at $63.72, down over 5.30%.

West Texas Intermediate (WTI) Oil rallies nearly 5% on Thursday, climbing to its highest level since May 21 as escalating tensions in the Middle East raise fears of further disruption to already tight supplies. At the time of writing, WTI trades around $99 and is up about 10.50% so far this week.

Gold price retraces by about 0.90% on Thursday as traders price in a hawkish Federal Reserve (Fed) following the release of the US Producer Price Index (PPI) for August.

United States EIA Heating Oil Stocks Change climbed from previous -0.033M to 0.01M in September 3

United States EIA Distillate Stocks Change increased to 2.087M in September 3 from previous 0.796M

TD Securities analysts Ryan McKay and Bart Melek report that Copper’s recent rally has been driven mainly by supply-side factors linked to tariff-induced inventory depletion.

Silver (XAG/USD) extends its sharp decline on Thursday, trading around $64.35 per ounce at the time of writing, down 4.39% on the day.

TD Securities’ Ryan McKay and Bart Melek note that Gold is outperforming other precious metals even as higher energy prices and rising Fed hike expectations weigh on the complex.

West Texas Intermediate (WTI) US Oil rises sharply on Thursday, trading around $97.00 per barrel at the time of writing, up 2.93% on the day.