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.

United States Baker Hughes US Oil Rig Count climbed from previous 431 to 433

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.

Gold (XAU/USD) attracts some sellers following a modest Asian session uptick to the $4,246-$4,247 region on Thursday, stalling the previous day's solid recovery move from its lowest level since November 2025.

US forces intercepted and shot down two Iranian one-way attack drones near the Strait of Hormuz after Iran attempted to target commercial vessels transiting the waterway, Fox News reported on Friday.

Gold price (XAU/USD) trades in positive territory near $4,240 during the early European session on Friday. The precious metal rebounds from a six-month low after US President Donald Trump said he canceled planned military strikes against Iran, fueling hopes that a US-Iran truce deal is close. 

West Texas Intermediate (WTI) trades around $85 early in the Asian session on Friday, its lowest since mid-April. The black gold fell alongside the US Dollar (USD) following a proclamation from United States (US) President Donald Trump announcing a settlement of war with Iran.

TradingKey - US-Iran geopolitical tensions have cooled sharply. Trump just stated on social media that Iran's supreme leadership has approved a draft multilateral consensus agreement, causing both maj

Silver price advances over 4% after bouncing off daily lows of $61.51 after US President Donald Trump cancelled scheduled attacks against Iran this evening, saying that final points have been approved. At the time of writing, the XAG/USD trades at $65.91.

Gold (XAU/USD) price trims some of its earlier losses, turning positive on Thursday, up by 0.58% as the resolution of the Middle East conflict seems far off amid US-Iran exchanges of fire, which could delay negotiations. The XAU/USD trades at $4,091 after reaching a six-month low of $4,023.

West Texas Intermediate (WTI) trades around $89.50 on Thursday at the time of writing, down 0.86% on the day, as investors trim positions following the recent rally driven by Middle East tensions.

BNY’s Bob Savage highlights that Oil initially spiked on renewed U.S.–Iran tensions before easing, but analysts remain concerned about supply risks and the durability of any peace deal.

Silver (XAG/USD) extends its bearish move on Thursday and trades around $63.00, down 0.58% on the day at the time of writing.

Gold (XAU/USD) slides to a six-month low on Thursday, wiping out all the gains recorded this year as a combination of hawkish central bank expectations and technical selling keeps buyers on the sidelines.

West Texas Intermediate (WTI), futures on NYMEX, trade almost 3% lower to near $87.60 during the European trading session on Thursday.

Gold (XAU/USD) trades with minor gains on Thursday but remains struggling below $4,100, amid geopolitical uncertainty and rising bets on Federal Reserve (Fed) rate hikes.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $64.05 per troy ounce, up 1.05% from the $63.39 it cost on Wednesday.

West Texas Intermediate (WTI) oil price pares its recent gains from the previous day, trading around $87.60 per barrel during the European hours on Thursday.

TradingKey - On June 11 ET, impacted by strong CPI data and the situation in the Middle East, gold prices ( XAUUSD) briefly retreated toward the $4,000 level during intraday trading, hitting a low of

Danske Research Team notes that Iran’s Revolutionary Guard has declared the Strait of Hormuz closed and reported attacks on vessels, while the US launched new strikes on Iranian targets. Brent crude has climbed toward USD 95/bbl on these developments.

TradingKey - During Thursday's Asian session, gold fell below $4,100, hitting a low of $4,023 and marking its lowest level since November 2025; gold futures dropped as low as $4,046 during the day. Co