Gold price (XAU/USD) trades 0.6% higher to near $4,050 during the European trading session on Friday. The precious metal recovers after discovering support near $3,960 in the past two trading days.

Rabobank’s Senior Macro Strategist Bas van Geffen highlights renewed security concerns for Oil as a cargo ship was hit near Oman, raising questions about safety in the Strait of Hormuz. Despite this, Brent trades around $73.8, at the lower end of its weekly range.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $58.19 per troy ounce, up 0.56% from the $57.87 it cost on Thursday.

Societe Generale’s team highlights a sharp reversal in Gold, with prices down 20% year-to-date and over 11% this month, undermining the Dollar debasement narrative.

TradingKey - The countdown begins for the U.S. copper tariff decision. The U.S. Department of Commerce must submit its "Section 232" tariff investigation report to the White House by June 30 to make a

Crude Oil prices edge lower on Friday, with the US benchmark West Texas Intermediate (WTI) barrel changing hands at $69.65 at the time of writing. This is the lowest price since February 27, one day before the US and Israel launched a joint attack on Iran.

ING strategists Warren Patterson and Ewa Manthey observe that Gold stabilized after dropping below the $4,000/oz mark earlier in the week, supported by lower US Treasury yields following softer US inflation data.

Danske Research Team notes that Brent Oil initially spiked after reports of an Iranian attack on a cargo ship near Oman and a pause in U.N. escort operations in the Strait of Hormuz.

ING strategists Warren Patterson and Ewa Manthey note that Oil rebounded after a vessel was struck in the Persian Gulf, but they stress that price momentum remains to the downside as flows through the Strait of Hormuz recover.

West Texas Intermediate (WTI) depreciates after registering over 2% gains in the previous day, trading around $70.30 per barrel during the Asian hours on Friday.

Silver price (XAG/USD) is down 2.5% to near $56.50 during the Asian trading session on Friday.

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

Gold (XAU/USD) struggles to capitalize on the previous day's modest recovery move and meets with a fresh supply during the Asian session on Friday amid the emergence of some US Dollar (USD) dip-buying.

The UN's International Maritime Organization (IMO) paused the planned evacuation of more than 11,000 sailors stranded in the Strait of Hormuz after a Singapore-flagged ship passing through the waterway was attacked, BBC reported on Friday.

Gold price (XAU/USD) declines to around $4,020 during the early Asian session on Friday. The precious metal extends the decline as traders have ramped up bets of a US rate hike. The Michigan Consumer Sentiment Index report is due later on Friday.

West Texas Intermediate (WTI) spent Thursday doing its now-familiar trick of grabbing a geopolitical bid and then quietly handing most of it back.

Silver enjoyed a rare green session on Thursday, and reading much into it would be a mistake. The metal bounced off a session low near 56.50, briefly spiking close to 59.00 just after the US data hit the wires, before fading back to around 58.00, up roughly 0.8% on the day.

Gold (XAU/USD) price recovers on Thursday, up by almost 1% as the Greenback drops despite inflation data suggesting that a ‘higher-for-longer' scenario favors the Federal Reserve (Fed) holding rates steady, despite US President Donald Trump’s desires for lower interest rates.

West Texas Intermediate (WTI) crude Oil edges higher on Thursday, snapping a three-day losing streak as short covering lifts prices following the recent selloff to a more than three-month low. At the time of writing, WTI is trading around $71.50, up more than 2% on the day.

Silver (XAG/USD) rebounds on Thursday, trading around $58.65 at the time of writing, up 2.16% on the day.

TD Securities commodity strategists Ryan McKay and Bart Melek note that crude Oil flows through the Strait of Hormuz are gradually normalizing, but around 10–11m b/d of Middle East production remains offline.

West Texas Intermediate (WTI) US Oil trades around $69.30 at the time of writing, down 0.65% on Thursday. The American benchmark Crude is now posting a fourth consecutive day of losses, weighed down by a convergence of supply-side factors reshaping market expectations.

TD Securities’ Izidor Flajsman highlights that during historical US equity ‘lost decades’, Precious Metals, especially Gold, have delivered strong real returns while broad Commodities were more mixed.

Commerzbank’s Henry Hao and Moses Lim note that progress on reopening the Strait of Hormuz has driven Brent and WTI sharply lower, easing inflation risk premia in global bond markets.

Gold price (XAU/USD) clings to Wednesday’s losses near $3,985 during the European trading session on Thursday. The yellow metal remains under severe pressure as traders seem confident that the next monetary policy move by the Federal Reserve (Fed) will be on the upside.

Gold (XAU/USD) consolidates modest losses on Thursday as traders reduce exposure ahead of the US Personal Consumption Expenditures (PCE) Price Index report, due at 12:30 GMT. At the time of writing, XAU/USD trades around $3,983, hovering near the more than seven-month low touched on Wednesday.

Oman’s Foreign Ministry says during the European trading session on Thursday that future arrangements for the Strait of Hormuz, a critical passage to almost 20% of global energy supply, do not entail transit tolls, state media agency reported.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $57.61 per troy ounce, up 0.31% from the $57.43 it cost on Wednesday.

TradingKey - On June 25, Eastern Time, senior Iraqi oil officials pressured OPEC to significantly increase the country's production quota, or else they would be "forced to consider all available optio

West Texas Intermediate (WTI) oil price loses ground for the fourth consecutive day, trading around $69.20 per barrel during European hours on Thursday. Crude oil prices are facing strong headwinds as market expectations point to a significant surge in supply from the Middle East.