TradingKey - WTI briefly above $100 on renewed US-Iran friction. Enbridge (ENB), Exxon Mobil (XOM), Chevron (CVX), Lockheed Martin (LMT) lead weekly gainers. Nvidia (NVDA), AMD (AMD), Cisco (CSCO) set

TradingKey - Crude oil futures closed sharply higher on Friday, with weekly gains significantly widening. Resurging geopolitical tensions dampened market expectations for a de-escalation agreement bet

Gold price retreats by over 2.30% on Friday amid fears that prolonged hostilities between the US and Iran could trigger a second wave of inflation, forcing central banks to hike interest rates. The XAU/USD trades at $4,551 after bottoming at around $4,511.

United States Baker Hughes US Oil Rig Count climbed from previous 410 to 415

West Texas Intermediate (WTI) US Oil extends its rally on Friday, with the US benchmark trading around $100.90 at the time of writing, up 3.13% on the day, and breaking above the $100 level to reach a fresh weekly high.

Rabobank strategists outline how a disruption in the Strait of Hormuz could affect Oil and refined products.

Silver (XAG/USD) plunges on Friday, erasing all gains recorded earlier this week as hawkish Federal Reserve (Fed) expectations push US Treasury yields and the US Dollar (USD) higher.

Gold (XAU/USD) slides to over one-week lows on Friday, pressured by a stronger US Dollar (USD) and rising Treasury yields as mounting Oil-driven inflation risks strengthen expectations that the Federal Reserve (Fed) could keep interest rates elevated for longer.

Commerzbank's Commodity Analyst Barbara Lambrecht highlights that Copper has surged to record levels on the London Metal Exchange, supported by structural demand from the energy transition and data centers.

Commerzbank’s Carsten Fritsch notes that the Gold price has retreated sharply as markets price in renewed US rate hikes after strong producer price data.

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $78.44 per troy ounce, down 6.02% from the $83.47 it cost on Thursday.

Gold (XAU/USD) falls for a fourth straight day, dropping near $4,550 as the US Dollar (USD) strengthens. The Greenback is supported by rising expectations of a hawkish Federal Reserve (Fed) following strong US inflation and Retail Sales data.

Crude Oil prices maintain their bullish trend on Friday, with the US Benchmark West Texas Intermediate (WTI) barrel pushing to fresh weekly highs above $100.00, after US President Donald Trump affirmed that China agreed to buy US Crude, but no specific plan to reopen the critical Strait of Hormuz ha

Deutsche Bank’s macro strategy team notes that Brent Oil remains supported by geopolitical tensions and supply concerns. Comments from President Trump about the Strait of Hormuz have reinforced fears of a prolonged disruption, driving prices higher overnight.

Silver price (XAG/USD) is down over 5% to near $79.00 during the European trading session on Friday, and touched an intraday low of $77.57 earlier in the day.

WTI extends its gains for the second consecutive day, trading around $98.20 during the Asian hours on Friday. The technical analysis of the daily chart indicates that the spot is remaining within the ascending triangle, suggesting that the primary trend is upward.

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

Gold (XAU/USD) is seen extending this week's pullback from the monthly peak and drifting lower for the fourth straight day on Friday amid a sustained US Dollar (USD) buying interest.

Silver (XAG/USD) attracts some follow-through selling for the second consecutive day on Friday and retreats further from over a one-month high, around the $89.35-$89.40 region, touched earlier this week.

Gold price (XAU/USD) recovers some lost ground around $4,660 during the early Asian session on Friday. However, the potential upside for the precious metal might be limited as the prospects of US rate cuts have largely faded.

Gold (XAU/USD) retreats by some 0.25% during the North American session on Thursday as tensions in the Middle East remain high, while the US-China summit is underway, with President Donald Trump meeting Chinese President Xi Jinping. At the time of writing, the XAU/USD pair trades at $4,678.

Silver (XAG/USD) trades lower on Thursday, falling 3.20% to around $84.70 at the time of writing as investors take profits after the metal’s recent rally.

TD Securities’ Senior Commodity Strategist Ryan McKay argues the recent easing in the Oil market is temporary, warning that Brent could still reach $150/bbl or higher if supply risks materialize.

Gold (XAU/USD) holds firm on Thursday, remaining confined within a week-old trading range as investors closely monitor a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping, while US-Iran negotiations remain in limbo.

OCBC strategist Christopher Wong describes Silver’s recent surge toward USD87–88/oz as driven mainly by technical momentum. He notes industrial metals are also better bid and that softer US–China rhetoric could support Silver further.

West Texas Intermediate (WTI) trades around $97.30 at the time of writing on Thursday, up 0.34%, in a trading day marked by elevated volatility.

Gold (XAU/USD) is trading flat on a particularly calm market session on Thursday, with investors awaiting developments from a two-day summit between US President Donald Trump and his Chinese counterpart, Xi Jinping, in Beijing.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $87.08 per troy ounce, down 0.49% from the $87.51 it cost on Wednesday.

ING's commodities strategists Warren Patterson and Ewa Manthey report that India, a key Gold consumer, has sharply increased import tariffs on Gold and Silver to support the rupee and foreign exchange reserves as the Iran conflict continues.

Silver price (XAG/USD) trades calmly near $87 during the European trading session on Thursday. The white metal turns sideways after failing to extend its almost two-month-long advance above $90.00 on Wednesday.