Silver (XAG/USD) advances toward $68.10 on Thursday, up 1.05% on the day at the time of writing.
Gold (XAU/USD) shows marginal gains on Thursday, but remains close to weekly lows at $4,220.
Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $68.29 per troy ounce, up 1.34% from the $67.39 it cost on Wednesday.
Crude Oil prices drift lower on Thursday, weighed by hopes of a US-Iran peace agreement and the reopening of the key Strait of Hormuz. The price of the US benchmark West Texas Intermediate (WTI) barrel hit a three-month low of $73.36 on Thursday, on track for a more than 10% weekly decline.
Deutsche Bank notes that the hawkish Fed repricing and stronger Dollar pressured Gold prices. The bank points out that risk assets sold off after the FOMC, with Gold declining alongside Bitcoin as 2‑year Treasury yields surged.
Gold (XAU/USD) attracts fresh buyers on Thursday and climbs back above the $4,300 mark during the Asian session as the US-Iran peace deal prompts some US Dollar (USD) profit-taking.
West Texas Intermediate (WTI) oil price edges higher after five days of losses, trading around $75.10 per barrel during the Asian hours on Thursday. Crude oil prices gain ground despite easing Middle East tensions and supply concerns.
Gold price (XAU/USD) tumbles to around $4,280 during the early Asian session on Thursday. The precious metal faces some selling pressure after the US Federal Reserve (Fed) decided to hold its benchmark interest rate steady but signaled a hike in borrowing costs later this year.
Gold price holds gains as the Federal Reserve keeps rates steady at 3.50% to 3.75% on Wednesday, while the Summary of Economic Projections (SEP) shows policymakers expect inflation above the 3% threshold. At the time of writing, the XAU/USD trades volatily within the $4,330-$4,280 range.
Gold (XAU/USD) price rises 0.77% on Wednesday as traders await the Federal Reserve’s (Fed) monetary policy decision, the first one led by Kevin Warsh, in which the central bank is expected to keep rates steady amid the jump in inflation sparked by the Iran war.
West Texas Intermediate (WTI) trades around $75.70 on Wednesday at the time of writing, posting a loss of 0.22% on the day.
TradingKey - The two major crude oil benchmarks spiked in short-term trading after U.S. President Trump said military strikes against Iran could resume.According to media reports, Trump said on Wednes
Gold (XAU/USD) trades around $4,332.60 on Wednesday at the time of writing, little changed on the day, as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy decision.
Societe Generale analysts Jitesh Kumar and Jeremy Sellem note that Brent Oil prices are normalizing following the US-Iran deal, but highlight differing adjustments across spot, volatility and option skew.
UOB Global Economics & Markets Research highlights that Gold advanced as expectations for another Fed hike this year eased following an interim US-Iran peace deal that pushed Oil and inflation expectations lower.
Silver (XAG/USD) trades around $69.85 on Wednesday at the time of writing, down 0.25% on the day. Traders remain cautious ahead of the Federal Reserve’s (Fed) policy decision later in the day, which could provide fresh guidance on the outlook for US interest rates.
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $69.70 per troy ounce, down 0.47% from the $70.03 it cost on Tuesday.
MUFG’s Derek Halpenny underlines that Brent Oil falling below USD 80 and a roughly 30% drop in crude over a month have significantly reduced perceived near-term inflation risks from energy.
West Texas Intermediate (WTI) oil price remains subdued for the fifth successive day, trading around $75.60 per barrel during the European hours on Wednesday. Crude oil prices declined as investors weighed the impact of an upcoming United States (US)-Iran peace deal.
Half of the world’s mined Silver comes from only three countries: Mexico, Peru and China. In a market facing running structural deficits, the concentration in only a few countries leaves it subject to vulnerability in case there is any disruption in any of the core producers.
Societe Generale’s Kenneth Broux and colleagues note Brent has broken below its 200‑day moving average around $78.4, leaving prices roughly 38% off their peak but still about 10% above pre‑war levels.
Deutsche Bank’s Jim Reid and colleagues note that Brent Oil has extended its decline as markets react to reports of a 14 ‑point US–Iran peace framework, including waivers for Iranian exports and reopening of the Strait of Hormuz.
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
Rabobank’s RaboResearch Global Economics & Markets team highlights growing central bank interest in Gold as global insecurity rises and de-dollarization continues.
Gold (XAU/USD) struggles to capitalize on its weekly gains, though it holds above the $4,300 mark through the Asian session on Wednesday. The latest optimism over an interim US-Iran peace deal keeps the US Dollar (USD) on the defensive, which is seen supporting the bullion.
TradingKey - On Tuesday, Brent crude futures for August delivery settled down over 5% at $78.96 per barrel, falling below $80 for the first time in three months. Brent has fallen for four consecutive
Gold price (XAU/USD) holds positive ground around $4,335 during the early Asian session on Wednesday. The precious metal rebounds from its lowest levels of the year, which reached last week after the United States (US) and Iran had agreed on a framework deal to end the war.
Gold (XAU/USD) price rises over 0.81% on Tuesday as the US-Iran deal eased inflationary pressures, prompting traders to scale back bets that the Federal Reserve (Fed) will raise rates later in 2026. At the time of writing, the XAU/USD pair trades at $4,344 after bouncing off daily lows of $4,306.