Silver price (XAG/USD) halts its four-day winning streak, trading around $62.30 per troy ounce during the European hours on Monday. The white metal edges lower as market expectations solidify around a Federal Reserve (Fed) interest rate hike later this year.
Brent Crude Oil trade flat near $71.90 during the European trading session on Monday.
Rabobank’s Senior Market Strategist Benjamin Picton highlights that Brent has turned lower as OPEC+ eases production cuts and tanker flows through the Strait of Hormuz resume, but stresses that shipping risks remain crucial for Oil prices.
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Silver price (XAG/USD) is down 1% to near $61.80 during the Asian trading session on Monday. The white metal falls back after rising for four straight trading days.
Gold (XAU/USD) struggles to capitalize on its modest Asian session uptick and trades below a fresh two-week high, levels just above the $4,200 mark, touched this Monday.
West Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $69.00 per barrel during the Asian hours on Monday.
The Organization of Petroleum Exporting Countries and its allies (OPEC+), including Russia, agreed to raise their output targets by 188,000 barrels a day starting in August.
Speaking at the World Peace Forum in Beijing on Saturday, Iran’s ambassador to China, Abdolreza Rahmani Fazli, said that Tehran is considering introducing new service fees for ships passing through the Strait of Hormuz, while promising “special" treatment for countries that supported Iran during the
Silver prices reclaim the $60.00 mark for the second straight day and extend their weekly gains to over 5.50%, trading at $62.42 amid broader US Dollar weakness that is pushing the white metal to an eight-day high of $62.89.
Gold (XAU/USD) price rises by more than 1% on Friday as investors digest a softer-than-expected US jobs report, trimming hawkish bets despite higher inflation. At the time of writing, the XAU/USD pair trades at $4,174, after bouncing off daily lows of $4,121.
Commerzbank analyst Norman Liebke reports that the Copper market is focused on a potential 15% US import tariff on refined Copper, which could temporarily boost US demand and prices if implemented in 2027.
West Texas Intermediate (WTI) trades around $68.65 at the time of writing on Friday, up 0.30% on the day, recovering part of its recent losses as the US Dollar (USD) weakens following softer-than-expected US employment data.
Commerzbank’s Commodity Research team, led by Norman Liebke and colleagues, notes that Oil prices have fallen as optimism grows over US–Iran talks and a potential reopening of the Strait of Hormuz.
Tradingkey - On July 3, Eastern Time, the US stock market is closed today due to the Independence Day holiday. Trading of precious metals, energy, foreign exchange, US Treasuries, and stock index futu
Commerzbank’s Carsten Fritsch notes that the Gold price has rebounded toward USD 4,200 per ounce after steep second-quarter losses, helped by weaker US labour data and reduced rate hike expectations.
ING analysts Warren Patterson and Ewa Manthey say LME Aluminium fell towards $3,000/t as markets unwound the geopolitical risk premium from earlier Middle East tensions.
Gold (XAU/USD) extends gains on Friday as weaker-than-expected US Nonfarm Payrolls (NFP) data released on Thursday batters the US Dollar (USD) and cools expectations of an imminent Federal Reserve (Fed) interest rate hike.
Silver (XAG/USD) advances to $62.35 on Friday at the time of writing, up 2.32% on the day, as investors increase exposure to precious metals following the release of a weaker-than-expected US employment report.
Societe Generale analysts note that Gold has held the $3,930/3,885 support zone linked to the November 2025 low and rebounded sharply.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $62.60 per troy ounce, up 2.72% from the $60.94 it cost on Thursday.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts fresh sellers following an intraday uptick to the $69.25 area on Friday, its modest bounce from the lowest level since late February touched the previous day.
TD Securities’ Bart Melek notes that weaker US jobs data and reduced odds of a 2026 Fed rate hike have driven Gold above $4,100/oz. The bank expects Gold to trend toward $4,280/oz near term, with support near $3,900/oz holding.
TradingKey - As of the Asian session on July 3, silver ( XAGUSD) prices extended yesterday's post-NFP rebound momentum, reclaiming the level above $62. Technical indicators suggest that silver may con
ING’s commodities strategists highlight that Gold rallied after weaker US jobs data reduced fears of further Federal Reserve rate hikes. Lower Treasury yields and a softer Dollar improved the appeal of non-yielding assets.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.10 during the early European trading hours on Friday. The WTI price recovers some lost ground on a weaker US Dollar (USD) ahead of a long holiday weekend in the United States (US).
Gold (XAU/USD) is seen building on this week's recovery move from its lowest level since November 2025 and gaining positive traction for the third straight day on Friday.
West Texas Intermediate (WTI) oil price inches lower after registering modest gains in the previous day, trading around $68.40 during the Asian hours on Friday. The global energy market is experiencing a notable cooling period as geopolitical tensions in the Middle East begin to ease.
Iran’s joint military command warned any US interference in the Strait of Hormuz will be met with a “decisive and swift response” as tensions continue to roil negotiations, Aljazeera news agency reported on Thursday.
Gold (XAU/USD) price soars over 2% on Thursday after the latest US employment report reduced the chances of a Federal Reserve (Fed) rate hike and pushed the US Dollar (USD) and US Treasury yields lower. The XAU/USD pair trades at $4,111 after bouncing off daily lows of $4,032.