Silver price (XAG/USD) gives back its early gains and turns negative on Thursday. The white metal trades 0.7% lower at around $57.25 in the European trade after a positive start, which led to hitting an intraday high at $58.65.

Oil prices have risen about 7% over the last two days, pushing the price of the US benchmark West Texas Intermediate (WTI) barrel to levels above $84.00 on Thursday, up from the $77.16 lows seen earlier in the week.

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

Gold (XAU/USD) attracts buyers for the second straight day, though it remains confined within the previous day's range and trades below the $4,100 mark during the Asian session on Thursday.

The US Central Command (CENTCOM) began launching strikes against Iran late Wednesday, retaliating against Iranian missile attacks on American forces in the region, the Guardian reported.

Yemen’s Iran-backed Houthi rebels are considering imposing fees on commercial ships sailing through the southern Red Sea, Reuters reported on Wednesday. This development came a week after the Houthi declared a naval blockade on Saudi Arabia.

US President Donald Trump said that he will order heavy strikes on Iran in retaliation for its “surprise attack” on US forces overnight, Bloomberg reported on Wednesday.

Gold price (XAU/USD) rebounds to around $4,095 during the early Asian session on Thursday.

Silver price clings to gains on Wednesday late in the North American session, as the Federal Reserve held rates unchanged, which, instead of strengthening the Dollar, weakened it, while US Treasury yields spiked. The XAG/USD trades at $57.17, barely unchanged.

West Texas Intermediate (WTI) Oil stayed muted near $83 per barrel following the Federal Reserve's (Fed) decision to hold interest rates constant on Wednesday afternoon. The price consolidation comes after recovering sharply from an intraday low near $78.90.

Gold price rises during the North American session after the Federal Reserve decided to hold rates unchanged, with a 9-3 vote split, as three members of the FOMC opted to increase the Fed funds rate by 25 basis points.

Silver (XAG/USD) trades around $56.90 on Wednesday at the time of writing, down 0.43% on the day. Price action remains cautious as investors avoid taking large directional positions ahead of the Federal Reserve (Fed) monetary policy announcement.

Gold (XAU/USD) trades lower near the $4,003 area on Wednesday, extending its recent decline as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement.

West Texas Intermediate (WTI) Oil jumps nearly 7% on Wednesday as the war in the Middle East keeps geopolitical risks firmly priced into the market. At the time of writing, WTI trades around $84 per barrel, snapping a three-day losing streak.

TD Securities’ Ryan McKay and Bart Melek note that Gold remains under pressure as markets price a hawkish Federal Reserve (Fed) path and renewed energy strength.

ING’s Warren Patterson and Ewa Manthey report European natural gas prices have bounced higher as Middle East tensions disrupt Qatari LNG exports. They flag QatarEnergy’s extended force majeure, reduced EU LNG imports and below-average storage levels.

BNY reports that renewed Iranian–U.S. hostilities lifted Brent above 3%, reviving the inflation channel but remaining secondary to Fed and AI valuation drivers.

ING’s Warren Patterson and Ewa Manthey highlight that speculative net long positions in LME Copper increased notably in the latest COTR data, supported by tight supply and low inventories.

West Texas Intermediate (WTI) futures on NYMEX trades 6% higher on the day, slightly above $83.00 during the European trading session on Wednesday.

Gold (XAU/USD) consolidates above $4,000 on Wednesday, as price action remains choppy amid growing caution ahead of the Federal Reserve’s (Fed) monetary policy announcement, while the war in the Middle East intensifies again after a brief lull.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $57.92 per troy ounce, up 1.36% from the $57.14 it cost on Tuesday.

West Texas Intermediate (WTI) oil price gains ground after three days of losses, trading around $81.00 per barrel during the European hours on Wednesday.

ING analysts Warren Patterson and Ewa Manthey note Brent rebounded over 4% after recent losses as renewed attacks on US troops and Saudi energy infrastructure undermine prospects for a US–Iran deal.

UOB strategists report that Oil prices initially fell sharply as the United States (US) military campaign against Iran remained paused, with WTI dropping to USD 79.26 and Brent to USD 84.10.

West Texas Intermediate (WTI), futures on NYMEX, trade 3.2% higher at around $81.00 during the early European trading session on Wednesday.

Gold (XAU/USD) enters a bearish consolidation phase after touching an over one-week low during the Asian session on Wednesday, though it manages to hold above the $4,000 psychological mark. A softer tone surrounding the US Dollar (USD) offers some support to the precious metal.

Silver price (XAG/USD) trades 1.14% higher to near $57.80 during the Asian trading session on Wednesday. The white metal gains even as oil prices rebound strongly due to renewed conflicts between the United States (US) and Iran.

Gold price (XAU/USD) remains subdued for the second successive day, trading around $4,020 per troy ounce during the Asian hours on Wednesday.

Tradingkey - On July 28, Eastern Time, international crude oil prices fell further, marking the official entry of oil prices into a correction phase. Brent crude ( UKOIL) saw its decline widen to over

Silver (XAG/USD) trades around $57.40 on Tuesday at the time of writing, down 1.71% on the day. The white metal is under pressure as the US Dollar (USD) regains some strength and investors reduce their exposure to safe-haven assets ahead of the Federal Reserve's (Fed) monetary policy decision.