Gold (XAU/USD) tumbles near 2% on Friday yet it has recovered after reaching a daily low of $4,032 on growing speculation that the Federal Reserve might pause its easing cycle as most officials struck a hawkish message.

United States Baker Hughes US Oil Rig Count above expectations (415): Actual (417)

West Texas Intermediate (WTI) US Oil trades around $59.50 on Friday at the time of writing, up 1.60% on the day, after hitting a daily high at $60.47.

Gold (XAU/USD) is heading lower on a choppy trading session on Friday, weighed by a firmer US Dollar amid the risk-averse sentiment.

The Copper price only briefly exceeded the $11,000 per ton mark, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

The Silver price yesterday almost reached the record high of $54.5 per troy ounce recorded four weeks ago again, Commerzbank's commodity analyst Carsten Fritsch notes.

Gold (XAUUSD) edges lower on Friday as bulls struggle to hold early gains amid mixed market sentiment. At the time of writing, XAU/USD is trading around $4,133, easing after reaching over three-week highs of $4,245 on Thursday.

The Gold price fell slightly again yesterday, as it remained unclear when the US data releases that were missed due to the US government shutdown would be made up for, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

China's crude Oil processing amounted to nearly 15 million barrels per day in October, as reported by the National Bureau of Statistics this morning, Commerzbank's commodity analyst Carsten Fritsch notes.

The IEA also published its regular monthly report, in which it maintains its forecast of a record supply surplus of more than 4 million barrels per day in the coming year.

Silver (XAG/USD) trades around $52.60 on Friday at the time of writing, up 0.50% on the day. The precious metal regains traction as investors turn to safe-haven assets, while US economic data remains severely disrupted after the federal government’s reopening.

The International Energy Agency published its annual World Energy Outlook this week, with forecasts up to 2050, Commerzbank's commodity analyst Carsten Fritsch notes.

Oil prices moved higher yesterday, settling just shy of 0.5% higher, despite a bearish weekly Energy Information Administration (EIA) inventory report.

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $59.42 per barrel, up from Thursday’s close at $58.56.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $62.69 price posted on Thursday, and trading at $63.52.

Gold (XAU/USD) attracts some dip-buyers during the Asian session on Friday and climbs back above the $4,200 mark, closer to an over three-week high that was touched the previous day.

Gold price (XAU/USD) trades in positive territory near $4,185 during the early Asian session on Friday. The precious metal drifts higher as traders anticipate that the reopening of the US government will restore the flow of economic data and reinforce bets of further US interest rate cuts.

Gold (XAU/USD) rose on Thursday to a nearly three-week high of $4,245 as the US government reopening pushed the Greenback lower. Speculation that September’s jobs data could be the catalyst for the Federal Reserve (Fed) to cut rates pushed the yellow metal higher.

West Texas Intermediate (WTI) US Oil trades around $58.80 on Thursday at the time of writing, up 0.70% on the day. Crude Oil is attempting to stabilize after two highly volatile days, including a drop of more than 4% on Wednesday, driven by persistent fears of a global supply glut.

United States EIA Crude Oil Stocks Change came in at 6.413M, above forecasts (2M) in November 7

Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an intraday high at $54.39, just shy of the all-time high at $54.86.

Gold (XAU/USD) extends its advance on Thursday, climbing above the $4,200 psychological barrier and notching a five-day winning streak. The precious metal has now retraced most of its corrective decline from the all-time high near $4,381.

Gold (XAU/USD) extends gains for the fifth consecutive day on Thursday as the US Dollar dives on risk appetite, following the end of the US government’s closure.

West Texas Intermediate (WTI) Oil price remains subdued for the second consecutive day, trading around $58.20 during the European hours on Thursday.

Aluminium continues to rally this week on the LME with prices trading above $2,900/t this morning. Aluminium has gained more than 13% this year. It is the third-strongest performer on the LME after Copper and tin this year, ING's commodity experts Ewa Manthey and Warren Patterson note.

NYMEX WTI continues to edge lower in the early trading session today after falling by more than 4% to settle around $58.5/bbl yesterday. The decline was largely driven by OPEC’s revised surplus expectations for the global Oil market, along with a bearish inventory report from the API.

Silver price (XAG/USD) continues its winning streak for the fifth successive session, nearing the all-time high of $54.86, which was recorded on October 16, and is currently trading around $54.00 per troy ounce during the early European hours on Thursday.

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $58.46 per barrel, up from Wednesday’s close at $58.43.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $62.52 price posted on Wednesday, and trading at $62.54.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.50 during the Asian trading hours on Thursday. The WTI edges higher after US President Donald Trump signed the bill to reopen the US government.

Silver (XAG/USD) is seen consolidating its strong gains registered over the past four days and oscillating in a range during the Asian session on Thursday.

Gold price (XAU/USD) extends the rally to around $4,195 during the early Asian session on Thursday.