Lee Hardman at MUFG highlights that Oil has been one of the biggest movers, with prices rising back towards recent highs around USD110/barrel.

Gold (XAU/USD) starts the week under heavy selling pressure, sliding nearly 3% as Oil-driven inflation concerns reinforce expectations that the Federal Reserve (Fed) could raise interest rates further. At the time of writing, XAU/USD trades around $4,156, its lowest level since August 5.

Silver (XAG/USD) falls sharply on Monday, losing 4.53% on the day to trade around $61.40 at the time of writing. The precious metal faces heavy selling pressure as elevated United States (US) Treasury yields and growing expectations of further interest rate hikes weigh on non-yielding assets.

Oil appreciates firmly on Monday, following US President Donald Trump's refusal of Tehran’s latest proposal to cease hostilities and reopen the Strait of Hormuz. The US benchmark West Texas Intermediate (WTI) Oil barrel is trading at $94.60 at the time of writing, up nearly 3.5% on the day so far.

Deutsche Bank’s Early Morning Reid highlights renewed upside in Brent Oil as US-Iran negotiations show little progress and Iran refuses to soften conditions on reopening the Strait of Hormuz.

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $61.14 per troy ounce, down 4.91% from the $64.30 it cost on Friday.

Gold (XAU/USD) remains under heavy selling pressure at the start of the week, weighed down by rising expectations of further monetary tightening from the Federal Reserve (Fed).

Societe Generale analysts note Gold has failed to sustain gains above its 200-day moving average, reinforcing downward momentum. A short-term pullback is underway, with key resistance at the recent pivot high near $4,315.

Here is what you need to know on Monday, September 28:

Silver price (XAG/USD) is down 4.3% to near $61.50 during the European trading session on Monday. The white metal nosedives as elevated United States (US) Treasury Yields have diminished its appeal.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.05 during the early Asian trading hours on Monday. WTI rises following US President Donald Trump’s rejection of an Iranian peace deal.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on a modest gap-up open on Monday as traders opt to wait for further developments surrounding the Middle East crisis before placing fresh bets.

Gold price (XAU/USD) drops to around $4,215 during the early Asian trading hours on Monday. The precious metal loses ground as a stronger US Dollar (USD) and hawkish signals from the US Federal Reserve (Fed) policymakers dented bullion's appeal.

Silver (XAG/USD) holds firm on Friday, supported by a modest pullback in the US Dollar after its strong weekly rally. At the time of writing, Silver trades around $64.30 but remains on track for a weekly loss.

Gold (XAU/USD) price holds firm on Friday after two days of losses, as US bond yields remain high and inflationary concerns mount, increasing the likelihood of further tightening by the Federal Reserve (Fed) and other major central banks.

Silver price (XAG/USD) is up 1.85% to near $65.00 during the European trading session on Friday. The white metal strengthens as rally in the US Dollar (USD) and United States (US) Treasury Yields appears to have hit a pause.

Gold (XAU/USD) edges higher on Friday as the US Dollar (USD) and Treasury yields take a breather following their strong rally this week. At the time of writing, XAU/USD trades around $4,310 after slipping to a one-week low of $4,244 on Thursday.

The price of the US benchmark West Texas Intermediate (WTI) barrel has stabilised above $91.00 on Friday, with the reversal from Thursday’s highs, near $96.00, losing momentum.

Gold (XAU/USD) is trimming some losses on Friday, trading just below the $4,300 level after bouncing from support in the $4,230 area on Thursday.

Deutsche Bank strategists highlight a sharp rise in Brent Oil as geopolitical tensions and Iranian rhetoric fuel concerns about an extended conflict. Brent briefly spiked above $108 before retracing on reports of potential US–Iran negotiations to reopen the Strait of Hormuz.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $64.60 per troy ounce, up 1.18% from the $63.85 it cost on Thursday.

OCBC strategists Sim Moh Siong and Christopher Wong note that Gold remains under near-term pressure after briefly slipping below 4250 before rebounding modestly.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends the previous day's late pullback from the $95.80 area and drifts lower through the Asian session on Friday.

Gold (XAU/USD) struggles to capitalize on a modest Asian session uptick on Friday and languishes near the weekly low, touched the previous day amid a bearish fundamental backdrop.

West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $92.60 per barrel during Asian hours on Friday.

Gold price (XAU/USD) declines to near $4,275 during the early Asian session on Friday.

Silver (XAG/USD) extends its decline on Thursday, falling 1.23% on the day to trade around $63.65 at the time of writing.

Gold (XAU/USD) slides to a one-week low on Thursday as rising US Treasury yields and a stronger US Dollar (USD) reflect an increasingly hawkish Federal Reserve (Fed) outlook. At the time of writing, XAU/USD trades around $4,260, down nearly 0.65% on the day.

TradingKey - 9월 24일 유럽 세션 기준 금 가격(XAUUSD)은 조정을 이어가며 장중 4,300달러를 하회해 최저 4,262.45달러를 기록했다. 앞서 4,400달러 부근까지 반등했던 금 가격은 지속적으로 하락하며 현재 심리적 지지선인 4,300달러 선을 하향 이탈했고, 단기 추세도 크게 약화했다.연준 금리 인상 기대 상승, 유가 하락으로 금값

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $63.80 per troy ounce, down 0.98% from the $64.43 it cost on Wednesday.