Gold (XAU/USD) rallies by more than 3% on Monday after the US and Iran reached a deal to end their conflict, easing inflationary pressures amid falling Oil prices. At the time of writing, the XAU/USD pair trades at $4,351, after bouncing off daily lows of $4,218.
BNY’s Bob Savage reports that the U.S.-Iran agreement to reopen the Strait of Hormuz has significantly reduced immediate energy supply risks. This geopolitical de-escalation has lowered energy market stress and helped calm inflation concerns.
Tradingkey - On June 15, both major crude oil futures came under pressure as the Strait of Hormuz is expected to reopen following a preliminary ceasefire agreement between the U.S. and Iran. As of pre
West Texas Intermediate (WTI) US Oil is falling sharply on Monday and trades around $79.15 at the time of writing, down 4.53% on the day.
Gold (XAU/USD) starts the week on a positive note, rising more than 2.5% after the United States (US) and Iran reached a framework agreement to end the war in the Middle East.
Silver (XAG/USD) trades around $70.70 at the time of writing on Monday, up 3.94% on the day. The white metal is extending its rebound and benefiting from a backdrop marked by a weaker US Dollar (USD) and expectations surrounding the upcoming Federal Reserve (Fed) meeting.
MUFG’s Lee Hardman highlights that Oil prices have fallen back toward USD80 per barrel as markets anticipate normalized flows through the Strait of Hormuz after the US-Iran agreement.
Deutsche Bank reviews performance of Oil, bonds, European equities and precious metals from late February to last Friday during the conflict. The bank notes Oil and AI-related trades surged, while bonds, most European equities and precious metals fell.
Gold (XAU/USD) trades around $4,340 at the time of writing on Monday, up 2.86% on the day and extending the rebound that began on Thursday from the $4,024 area.
Societe Generale’s Kenneth Broux and colleagues note Brent has dropped sharply after the US–Iran MoU and reopening prospects for the Strait of Hormuz, with prices down 35% from April peaks but still above pre-war levels.
TradingKey - As of the European session today (June 15), the crude oil market plummeted intraday, driven by the imminent signing of a peace agreement in US-Iran negotiations. WTI ( USOIL) crude briefl
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $70.69 per troy ounce, up 3.91% from the $68.03 it cost on Friday.
West Texas Intermediate (WTI) crude falls around 5%, reaching a three-month low of $78.60 per barrel on Monday. Crude oil prices declined to three-month lows on easing supply concerns following reports that the United States (US) and Iran had reached a deal to end their conflict.
West Texas Intermediate (WTI), futures on NYMEX, trade over 4% down to near $79.50 in the European trading session on Monday.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Silver price (XAG/USD) is up 4% to near $70.80 in the Asian trading session on Monday.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.40 during the early Asian trading hours on Monday. The WTI price tumbles to a two-month low after reports that the United States (US) and Iran announced a peace deal to end their nearly four-month war.
US President Trump said that the agreement he reached with Iran would ultimately assure that the Strait of Hormuz is “permanently toll free,” the New York Times reported on Sunday.
TradingKey — Year-to-date, international gold prices have fallen by more than 23% from their all-time high of $5,598.75/oz, completely erasing their gains for the year. Since peaking at the end of Jan
Gold (XAU/USD) price consolidates above the $4,200 figure on Friday as market participants are optimistic about a potential US-Iran deal, set to be signed next week, according to newswires. Meanwhile, households in the US are becoming more optimistic about the economy.
Silver (XAG/USD) trades around $67.50 on Friday at the time of writing, up 0.21% on the day. The white metal maintains a positive bias despite improving market sentiment driven by diplomatic progress between the United States (US) and Iran.
West Texas Intermediate (WTI) pares some part of earlier losses on Friday as markets seek confirmation of a possible US-Iran agreement, prompting traders to refrain from placing aggressive bearish bets.
TD Securities strategists note that Precious Metals, particularly Gold, are struggling to gain traction as elevated Fed hike probabilities keep real rates high. CTA's (Commodity Trading Advisors) are running a small net short and scenario analysis points to a relatively tight trading band.
ING’s Commodities Strategist Ewa Manthey notes that LME copper is trading near record highs, supported by supply tightness, US tariff-driven stockpiling and AI-related power demand. The market is already pricing US tariff risk, with the COMEX-LME spread around $400/t.
Gold (XAU/USD) consolidates on Friday as traders await further developments on a potential US-Iran peace deal. At the time of writing, XAU/USD is trading flat around $4,200 after recovering from a nearly seven-month low of $4,023 touched the previous day.
West Texas Intermediate (WTI) extends its decline for a second consecutive day on Friday, trading around $82.90 at the time of writing as investors unwind defensive positions following fresh signs of easing tensions in the Middle East.
Gold price (XAU/USD) holds onto Thursday’s strong recovery move to near $4,220 during the European trading session on Friday. The precious metal reflects strength amid intensified hopes that the United States (US) and Iran will sign a Memorandum of Understanding (MoU) by the weekend.
Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $67.26 per troy ounce, down 0.17% from the $67.37 it cost on Thursday.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to attract any meaningful buyers and languishes near its lowest level since April 17, touched during the Asian session earlier this Friday.