Silver (XAG/USD) drifts slightly lower on Thursday, trading around $53.25, down 0.15% on the day at the time of writing. The white metal remains range-bound amid thin liquidity associated with the US Thanksgiving holiday.

Gold (XAU/USD) is treading water on Thursday as a modest rebound in the US Dollar (USD) weighs on the precious metal. At the time of writing, XAU/USD is trading around $4,160, hovering near two-week highs reached on Wednesday, with the metal up nearly 2.20% so far this week.

Gold (XAU/USD) was capped at the $4,175 area on Wednesday and is showing minor losses on Thursday, although it remains trading within the previous day’s range, with support around the $4,140 area holding downside attempts for now.The US Dollar Index (DXY) is showing a mild recovery after dropping ne

West Texas Intermediate (WTI) US Oil trades around $58.55 on Thursday at the time of writing, up 0.15% on the day. The move reflects renewed optimism surrounding a potential ceasefire between Ukraine and Russia, which could eventually lead to a partial rollback of Western sanctions on Russian Oil.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $53.41 per troy ounce, up 0.12% from the $53.35 it cost on Wednesday.

Chinese warehouse inventories of Silver dropped to their lowest since 2015, driven by record exports and physical tightness, pushing the Shanghai market into backwardation, ING's commodity experts Ewa Manthey and Warren Patterson note.

European Gas storage drops under 78% amid cold spells, while speculators shift to a net short position for the first time since March 2024, raising winter market risks, ING's commodity experts Ewa Manthey and Warren Patterson note.

The Oil market is stuck between the potential for progress in Russia-Ukraine peace talks and what that would mean for Oil supply amid a broader risk-on trade as expectations grow for a December interest rate cut by the US Federal Reserve.

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $58.35 per barrel, down from Wednesday’s close at $58.49.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.25 after its previous daily close at $62.43.

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

West Texas Intermediate (WTI) Oil price loses ground after registering more than 1% gains in the previous session, trading around $58.30 per barrel during the Asian hours on Thursday.

Gold (XAU/USD) attracts some sellers during the Asian session on Thursday and erodes a part of the previous day's gains to a nearly two-week top. The prospects for lower US interest rates, along with hopes for a peace deal between Russia and Ukraine, remain supportive of the upbeat market mood.

Gold (XAU/USD) rises sharply on Wednesday, edging up over 0.80% sponsored by falling US Treasury yields and a weaker US Dollar, as the odds for a rate cut by the Federal Reserve (Fed) remain elevated despite strong economic data in the US.

West Texas Intermediate (WTI) Crude Oil trades little changed on Wednesday, hovering near one-month lows as traders show a muted reaction to the latest US Energy Information Administration (EIA) report.

United States Baker Hughes US Oil Rig Count: 407 vs previous 419

Silver (XAG/USD) moves strongly higher this Wednesday, trading around $52.45 at the time of writing, up 2.00% on the day.

United States EIA Crude Oil Stocks Change rose from previous -3.426M to 2.774M in November 21

Gold’s under-owned phase appears over. 13F filings show a sharp rise in institutional ETF ownership, options premia have shifted toward the ETF, and recent inflows are driven by retail-linked investors and hedge funds.

Gold (XAU/USD) edges higher on Wednesday as traders lean into a more dovish Federal Reserve (Fed) outlook, with XAU/USD trading around $4,171, near two-week highs after closing almost unchanged on Tuesday.

Gold (XAU/USD) remains trading on a firm tone on Wednesday, with price action consolidating above the $4,150 resistance area.

Gold prices rose in India on Wednesday, according to data compiled by FXStreet.

Gold is breaking historical norms. Outperformance versus the US Dollar (USD) matches a record set last year, and the 2025 range in Gold is the largest since 1980.

Industrial metals extended gains in yesterday’s trading, with LME Copper approaching the $11,000/t level amid a weakening US dollar. Expectations that the Federal Reserve will cut interest rates at its December meeting are growing once again.

European Gas prices extended their decline to an 18-month low as peace talks and mild weather forecasts pressured the market and widened the JKM–TTF spread, raising the risk of slower LNG inflows, ING's commodity experts Ewa Manthey and Warren Patterson note.

The Oil market came under further pressure as hopes for a peace deal between Russia and Ukraine continued to grow, ING's commodity experts Ewa Manthey and Warren Patterson note.

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $58.02 per barrel, up from Tuesday’s close at $57.88.

Silver price (XAG/USD) extends its three-day recovery move to near $52.00 during the Asian trading session on Wednesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.15 during the Asian trading hours on Wednesday. The WTI edges higher on the prospect of the US Federal Reserve (Fed) rate reduction and a weaker US Dollar (USD) broadly.

Gold (XAU/USD) attracts fresh buyers following the previous day's two-way price move and climbs back closer to the $4,150 level during the Asian session on Wednesday.

United States API Weekly Crude Oil Stock down to -1.9M in November 21 from previous 4.4M