BNY Mellon’s Geoff Yu notes Gold has surged through $4,500/oz. as investors reassess U.S. Treasury buybacks and their inflation implications. The report argues the intervention has calmed bond markets but may shift pressure into alternative stores of value like Gold and Bitcoin.
Silver (XAG/USD) declines 0.44% on Thursday and trades around $66.70 at the time of writing, giving back part of Wednesday’s gains.
Gold (XAU/USD) bulls take a breather on Thursday following the sharp rally on the previous day, triggered by a steep pullback in long-term US Treasury yields. At the time of writing, XAU/USD trades around $4,488, easing from an intraday high of $4,527, its highest level since June 2.
Gold price (XAU/USD) is down 0.7% to near $4,490 in the European trading session on Thursday. The precious metal retreats from its 11-week high of $4,527 posted earlier in the day. The yellow metal comes under pressure as United States (US) Treasury Yields claw back some of Wednesday’s losses.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $66.71 per troy ounce, down 0.42% from the $67.00 it cost on Wednesday.
West Texas Intermediate (WTI), futures on NYMEX, trades 2% higher at around $86.00 during the European trading session on Thursday, the highest level seen in over three weeks.
ING’s commodities team, led by Ewa Manthey and Warren Patterson, reports Copper market tightness has eased slightly as LME inventories rose by more than 55kt over two sessions, narrowing the cash-to-three-month backwardation.
ING strategists Ewa Manthey and Warren Patterson note Oil has extended its rally for a fifth straight session, with ICE Brent above $92 and WTI over $86 as markets react to tighter US sanctions on Iran.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move for the third straight day and trades around the $84.30 area through the Asian session on Thursday.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Silver price (XAG/USD) posts a fresh two-month high at $67.33 in the Asian trading session on Thursday.
Gold (XAU/USD) eases from its highest level since early June, touched during the Asian session this Thursday, eroding a part of the previous day's strong gains of over 3%.
Since 2026, gold has remained one of the most closely watched assets in global markets. As prices climb to historic highs, more investors are shifting from spot gold into futures, ETFs, and even lever
West Texas Intermediate (WTI) oil price appreciates after registering modest losses in the previous day, trading around $85.50 per barrel during the Asian hours on Thursday.
Gold price (XAU/USD) rises to around $4,520 during the early Asian session on Thursday. The precious metal surges to the highest since early June amid the weakening US Dollar (USD) after the US Treasury Department stepped in to provide relief to bond markets.
Silver price reversed its course on Wednesday and soared over 5% as US Treasury yields edged lower, as the US Treasury stepped in to cap long-end US bond yields, which had reached levels last seen in 2007. The XAG/USD traded at $66.68m after bouncing off daily lows of $62.19.
West Texas Intermediate (WTI) Oil reaches its highest level in more than three weeks on Wednesday as supply risks in the Middle East continue to underpin prices. At the time of writing, the US benchmark trades around $85.20 per barrel, up nearly 1% on the day.
Gold (XAU/USD) skyrockets on Wednesday as the Greenback edges lower amid falling US bond yields, driven by the US Treasury's buyback of long-dated bonds. At the time of writing, the XAU/USD pair trades at $4,495, up by over 3.70% in the day and at its highest level since June 4.
Bitcoin (BTC) and Gold (XAU/USD) are broadly rising on Wednesday, with BTC hovering near $65,000 and XAU gaining momentum near its immediate $4,500 hurdle.
Gold (XAU/USD) trades moderately higher on Wednesday and returns to the $4,370 area, after finding buyers near the $4,300 area on Tuesday.
West Texas Intermediate (WTI), futures on NYMEX, trade 0.55% higher at around $84.80 during the European trading session on Wednesday.
Silver (XAG/USD) stabilizes around $63.45 on Wednesday, up 0.16% on the day at the time of writing. The white metal is attempting to regain its footing after hitting an intraday low of $62.19, initially extending the pullback that followed Tuesday’s rejection from the $66.50 area.
Gold (XAU/USD) regains ground on Wednesday after falling nearly 2% on the previous day. A softer US Dollar (USD) and a modest pullback in long-term US Treasury yields lend support to the precious metal. At the time of writing, XAU/USD trades around $4,366, up 0.75% on the day.
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $63.10 per troy ounce, down 0.38% from the $63.35 it cost on Tuesday.
ING’s commodities team highlights that Copper prices on the LME have retreated sharply, falling below $14,000/t as a significant increase in on-warrant inventories eases the previous supply squeeze.
OCBC’s Sim Moh Siong and Christopher Wong note that Gold’s rebound has lost momentum as renewed Oil gains and higher long-end US yields revive inflation concerns. Daily charts show fading bullish momentum and a lower Relative Strength Index (RSI) from near overbought levels.
ING strategists Ewa Manthey and Warren Patterson note that Oil prices have risen for a fourth straight session, supported by US-Iran tensions and concerns over shipping through the Strait of Hormuz.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – touches a nearly three-week high during the Asian session on Wednesday, though it struggles to build on the momentum beyond the $85.00 mark.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold (XAU/USD) rebounds from the weekly low, which it touched during the Asian session on Wednesday, and climbs above $4,350 in the last hour.