United States Baker Hughes US Oil Rig Count increased to 445 from previous 440

Silver (XAG/USD) climbs to the top of its weekly trading range on Thursday as the US Dollar (USD) slides to a two-week low after US Nonfarm Payrolls (NFP) data surprised to the downside. At the time of writing, XAG/USD trades around $61.15, up nearly 3.50% on the day.

Gold prices are expected to trade broadly stable in the second half of the year, seesawing within a 5% range from current levels of around $4,100 per troy ounce, according to analysts at the World Gold Council (WGC).

Gold (XAU/USD) trades on the front foot on Thursday as the US Dollar (USD) weakens amid rumors of a potential intervention by Tokyo after the Japanese Yen (JPY) hit a 40-year low earlier this week.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $59.92 per troy ounce, up 1.38% from the $59.10 it cost on Wednesday.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – enters a bearish consolidation phase near its lowest level since late February, set earlier this Friday.

Silver price (XAG/USD) trades 0.9% higher to near $59.65 during the European trading session on Thursday. The white metal gains as the US Dollar (USD) slumps ahead of the United States (US) Nonfarm Payrolls (NFP) data for June, which will be published at 12:30 GMT.

Deutsche Bank’s Early Morning Reid, authored by Henry Allen and colleagues, highlights a sharp decline in Brent Oil as geopolitical developments ease inflation concerns. Brent crude has fallen to a four‑month low near $71.57/bbl and extended losses toward $70.81/bbl.

Rabobank strategist Michael Every describes how US efforts to secure Hormuz Oil flows under an emerging US-Iran MoU were reportedly blocked by Saudi Arabia, raising regional security risks.

Crude Oil prices extended their decline on Thursday, as Qatari mediators reported “positive progress” on the indirect talks between the US and Iran held in Doha on Tuesday.

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

Gold (XAU/USD) attracts fresh buyers during the Asian session on Thursday, following the previous day's volatile price swings and a late pullback from an over one-week high.

TradingKey - As of the Asian session on July 2, gold prices ( XAUUSD) fluctuated around $4,050, continuing to strengthen slightly from yesterday. Looking at the chart, gold prices dipped to $3,959.64

Gold price (XAU/USD) gains momentum to around $4,045 during the early Asian session on Thursday. The precious metal recovers from near seven-month low as traders assess fresh remarks from Federal Reserve (Fed) Chairman Kevin Warsh.

Silver price extended its gains for the second consecutive day, up by over 1.25%, yet it remains below the $60.00 figure, consolidated near the year’s low.

Gold (XAU/USD) price advances nearly 2% on Wednesday amid a strong US Dollar and high US Treasury yields, as US economic data was mixed and the Federal Reserve (Fed) Chair Kevin Warsh reiterated the central bank’s commitment to price stability.

West Texas Intermediate (WTI) crude Oil remains under pressure on Wednesday as improving crude flows through the Strait of Hormuz push prices back to levels seen before the US-Iran war, overshadowing the latest US inventory data.

Silver (XAG/USD) rebounds on Wednesday and trades around $60.35, up 3.19% at the time of writing. The white metal is supported by a weaker US Dollar (USD) following softer-than-expected US economic data and comments from Federal Reserve (Fed) Chair Kevin Warsh.

TradingKey - On July 1, Eastern Time, gold ( XAUUSD) at one point surged past $4,100, returning to a near one-week high. As of press time, it was up 2.27%, trading at $4,098 per ounce. The newly appoi

United States EIA Crude Oil Stocks Change registered at -3.775M above expectations (-5.1M) in June 26

TD Securities’ Ryan McKay and Bart Melek note that Copper remains under pressure as the missed June 30 Section 232 tariff update removes a near-term supply risk and weakens short-term momentum.

OCBC’s Sim Moh Siong and Christopher Wong have lowered their end‑2026 forecasts for Gold and Silver, citing a tougher near‑term macro backdrop with higher real yields, a stronger US Dollar (USD) and slower ETF demand.

TradingKey - As the temporary U.S.-Iran peace agreement takes effect, shipping in the Strait of Hormuz is gradually returning to normal. After experiencing a surge in oil prices in the first quarter t

Gold (XAU/USD) consolidates losses on Wednesday as a firmer US Dollar (USD) and hawkish Federal Reserve (Fed) expectations keep buyers on the sidelines. At the time of writing, XAU/USD is trading around $4,000, not far from the seven-month low of $3,941 touched on Tuesday.

Gold (XAU/USD) extends losses for the fourth consecutive day on Wednesday, hitting session lows at $3,960, with the year-to-date lows at $3,945 within a short distance.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $57.67 per troy ounce, down 1.40% from the $58.49 it cost on Tuesday.

Crude Oil prices keep drifting lower after having closed the second quarter with the sharpest decline since 2020.

HSBC’s Willem Sels and Lucia Ku observe that Gold failed to rally during the Middle East conflict and has traded lower despite hitting a record high earlier in the year.

ING’s commodities team reports that industrial metals, led by Copper, gained as markets monitored US-Iran talks and shipping risks, while Aluminium stayed under pressure.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.40 during the early European trading hours on Wednesday. The WTI price falls as the number of vessels transiting the Strait of Hormuz shows signs of recovery amid progress toward easing Middle East tensions.