West Texas Intermediate (WTI) US Oil trades around $59.30 on Friday at the time of writing, posting a 0.50% daily gain as investors adopt a cautious stance while monitoring ongoing efforts toward a Russia-Ukraine peace agreement.

The Copper price has risen above the $USD per ton mark again this week. The increase was fueled by various statements made during a Copper industry conference in Shanghai, Commerzbank's FX analyst Volkmar Baur notes.

The Silver price rose from $50 to more than $54 per troy ounce since the beginning of the week. The rise in the price of Silver thus eclipsed that of Gold. The Gold/Silver ratio subsequently fell to an annual low of just over 77, Commerzbank's commodity analyst Carsten Fritsch notes.

China’s appetite for Gold is slowing as imports fall to seven-month lows, while exports to Hong Kong surge, pushing net imports 45% below last year’s level, Commerzbank's commodity analyst Carsten Fritsch notes.

There have been numerous indications recently that refineries in India would purchase less Russian Oil due to US sanctions. However, this is not yet reflected in the figures.

Silver is approaching its record high, with Gold also rising, as markets price in further interest rate cuts and declining inventories in China boost momentum, Commerzbank's commodity analyst Barbara Lambrecht notes.

At the semi-annual OPEC+ meeting, the focus is expected to be more on details rather than a change in the short-term production strategy. Oil prices are unlikely to be significantly affected by this. Peace talks remain the key focus, Commerzbank's commodity analyst Barbara Lambrecht notes.

Gold (XAU/USD) holds steady on Friday after a bout of volatility sparked by the CME trading outage pushed prices off their intraday peak. At the time of writing, XAU/USD is trading around $4,172, with the metal on track to notch its fourth straight monthly gain.

Gold (XAU/USD) keeps crawling higher, and is on track to close the week 2.7% higher, with the US Dollar weighed by rising bets of Fed monetary easing.

TradingKey -The U.S. labor market continues to show signs of weakness, with hiring conditions deteriorating over the past several weeks. Half of the Federal Reserve’s 12 regional banks reported declin

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $58.96 per barrel, down from Thursday’s close at $59.02.Brent Oil Exchange Rate (Brent crude) ,on the contrary, is up, advancing from the $62.89 price posted on Thursday, and trading at $63.04.

Gold prices rose in India on Friday, according to data compiled by FXStreet.

Silver (XAG/USD) struggles to capitalize on the Asian session move up and retreats from the $54.40-$54.45 region, or its highest level since October 17, touched earlier this Friday.

West Texas Intermediate (WTI) Oil price remains in the positive territory for the third successive session, trading around $59.00 per barrel during the Asian hours on Friday. Crude Oil prices edge higher as traders monitor progress in Russia-Ukraine peace talks.

Gold (XAU/USD) remains firm during the North American session on Thursday amid a low-volume trading session as US markets remain closed in observance of the Thanksgiving holidays. At the time of writing, XAU/USD trades at $4,158, virtually unchanged.

Silver (XAG/USD) drifts slightly lower on Thursday, trading around $53.25, down 0.15% on the day at the time of writing. The white metal remains range-bound amid thin liquidity associated with the US Thanksgiving holiday.

Gold (XAU/USD) is treading water on Thursday as a modest rebound in the US Dollar (USD) weighs on the precious metal. At the time of writing, XAU/USD is trading around $4,160, hovering near two-week highs reached on Wednesday, with the metal up nearly 2.20% so far this week.

Gold (XAU/USD) was capped at the $4,175 area on Wednesday and is showing minor losses on Thursday, although it remains trading within the previous day’s range, with support around the $4,140 area holding downside attempts for now.The US Dollar Index (DXY) is showing a mild recovery after dropping ne

West Texas Intermediate (WTI) US Oil trades around $58.55 on Thursday at the time of writing, up 0.15% on the day. The move reflects renewed optimism surrounding a potential ceasefire between Ukraine and Russia, which could eventually lead to a partial rollback of Western sanctions on Russian Oil.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $53.41 per troy ounce, up 0.12% from the $53.35 it cost on Wednesday.

Chinese warehouse inventories of Silver dropped to their lowest since 2015, driven by record exports and physical tightness, pushing the Shanghai market into backwardation, ING's commodity experts Ewa Manthey and Warren Patterson note.

European Gas storage drops under 78% amid cold spells, while speculators shift to a net short position for the first time since March 2024, raising winter market risks, ING's commodity experts Ewa Manthey and Warren Patterson note.

The Oil market is stuck between the potential for progress in Russia-Ukraine peace talks and what that would mean for Oil supply amid a broader risk-on trade as expectations grow for a December interest rate cut by the US Federal Reserve.

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $58.35 per barrel, down from Wednesday’s close at $58.49.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.25 after its previous daily close at $62.43.

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

West Texas Intermediate (WTI) Oil price loses ground after registering more than 1% gains in the previous session, trading around $58.30 per barrel during the Asian hours on Thursday.

Gold (XAU/USD) attracts some sellers during the Asian session on Thursday and erodes a part of the previous day's gains to a nearly two-week top. The prospects for lower US interest rates, along with hopes for a peace deal between Russia and Ukraine, remain supportive of the upbeat market mood.

Gold (XAU/USD) rises sharply on Wednesday, edging up over 0.80% sponsored by falling US Treasury yields and a weaker US Dollar, as the odds for a rate cut by the Federal Reserve (Fed) remain elevated despite strong economic data in the US.

West Texas Intermediate (WTI) Crude Oil trades little changed on Wednesday, hovering near one-month lows as traders show a muted reaction to the latest US Energy Information Administration (EIA) report.

United States Baker Hughes US Oil Rig Count: 407 vs previous 419