West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday. However, WTI crude price is on track to surge over 10% this week.

US President Donald Trump said that the US would hold Iran responsible for the Houthis’ actions and warned that Iran and its Houthi allies would both soon receive a “major military punishment,” Reuters reported on Thursday. 

BNY’s Geoff Yu argues that Oil near $95 is a shock for Asian energy importers but not a trigger for a broad balance-of-payments crisis.

Silver price dives over 3.80% on Thursday as the precious metals segment tumbles amid overall US Dollar strength and heightened risk aversion amid heightened tensions in the Middle East. The XAG/USD trades at $57.62 after hitting a weekly high of $60.94.

Gold price (XAU/USD) losses nearly 2% on Thursday as the US Dollar stages a comeback amid growing speculation that the White House may continue its campaign against Iran, which seems poised to prolong the Gulf War. The XAU/USD trades below $4,050 after falling from a two-day high above $4,100

Crude Oil is staging the kind of one-day advance that usually arrives strapped to a flash headline, and the wires have duly supplied several, but the tape refuses to behave like a reaction.

West Texas Intermediate (WTI) crude Oil rallies more than 5% on Thursday as rising tensions in the Middle East deepen supply risks. At the time of writing, WTI trades around $90.35 per barrel, its highest level since June 11.

Rabobank’s Florence Schmit notes TTF natural gas has risen above €60/MWh as Middle Eastern supply disruptions intensify.

BNY's Geoff Yu highlights that Brent has surged into the high $90s as Houthi attacks and U.S.-Iran escalation raise disruption risks around the Strait of Hormuz and Red Sea. Bond markets are treating this as an inflation shock, with higher yields and tighter financial conditions.

Gold (XAU/USD) trades lower on Thursday, snapping a four-day rally.

Gold (XAU/USD) loses ground on Thursday, snapping a four-day winning streak as the US Dollar (USD) rebounds, while Oil prices extend their gains on rising tensions in the Middle East. At the time of writing, XAU/USD trades around $4,090 after hitting a two-week high of $4,165 on Wednesday.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $58.84 per troy ounce, down 1.67% from the $59.83 it cost on Wednesday.

TD Securities’ Bart Melek notes that Gold has rebounded on dip buying and short covering after key technical support held, with prices near $4,150/oz.

West Texas Intermediate (WTI), futures on NYMEX, extends its winning streak for the fifth trading day on Thursday, is up over 3% at around $88.60 during the European trading session.

Lloyd Chan at MUFG underscores escalating US–Iran tensions and threats to energy infrastructure and shipping through the Strait of Hormuz and Bab el-Mandeb.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $87.50 during the early European trading hours on Thursday.

Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.

Gold (XAU/USD) holds above the $4,100 mark during the Asian session on Thursday and, for now, seems to have stalled the previous day's modest pullback from an over two-week high.

Silver (XAG/USD) attracts fresh buyers near the $58.25-$58.20 zone during the Asian session on Thursday, stalling the previous day's modest pullback from the $61.00 neighborhood, or an over two-week high.

For decades, the analytical framework for gold was relatively straightforward. Macro investors typically focused on real interest rates, the U.S. dollar, inflation expectations, central-bank purchases

The Houthis, the Iran-backed group in Yemen, on Thursday claimed an attack on two Saudi oil tankers transiting through the Red Sea, identified as ENCELA and LAYLIA, saying the vessels violated ‌the ‌naval blockade imposed ‌by the group on Monday, the Guardian reported. 

Gold price (XAU/USD) trades in positive territory around $4,125 during the early Asian session on Thursday. The precious metal extends its recovery as ongoing geopolitical uncertainties continue to underpin safe-haven demand.

Gold price (XAU/USD) surges over 1.50% on Wednesday, cracks a key resistance trendline and hits a new two-week high as the Greenback weakens. This Bullion price action comes despite rising tensions and hostilities between the US and Iran.

United States EIA Crude Oil Stocks Change above expectations (-1.5M) in July 17: Actual (2.011M)

US President Donald Trump issued a fresh warning to Iran on Wednesday, threatening strikes on the country’s infrastructure if Tehran targets vessels in the Strait of Hormuz.

WTI extends its rebound on Wednesday as rising tensions in the Middle East disrupt Oil flows through the Strait of Hormuz and the Red Sea. At the time of writing, WTI trades around $86.20 after reaching an intraday high of $87.83, its highest level since June 11.

Gold (XAU/USD) climbs to a two-week high on Wednesday as bargain hunters step in near the $4,000 mark, while traders weigh Middle East risks and the Federal Reserve’s (Fed) monetary policy outlook.

TradingKey - As Middle East tensions continue to escalate, the international crude oil market has once again been severely impacted. Driven by rising geopolitical risks, international oil prices surge

Silver (XAG/USD) trades around $59.35 at the time of writing on Wednesday, up 0.94% on the day, as persistent safe-haven demand offsets the negative impact of rising inflation expectations.

Gold (XAU/USD) extends gains for the fourth consecutive day on Wednesday, standing comfortably above $4,100, unfazed by the risk-off market amid rising tensions in Iran and higher Oil prices.