United States EIA Crude Oil Stocks Change came in at 8.53M, above expectations (-0.2M) in February 6

West Texas Intermediate (WTI) US Oil trades around $65.15 on Wednesday at the time of writing, up 1.53% on the day, extending the rebound that began earlier this week.

Gold (XAU/USD) edges higher on Wednesday as a softer US Dollar (USD) lends support to prices. At the time of writing, XAU/USD trades around $5,103, up about 1.45% on the day, with attention turning to the delayed US jobs report.

Gold (XAU/USD) has retraced Tuesday’s lows and is resuming the upside trend from late January lows, with bulls testing resistance around $5,100 at the time of writing.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $83.62 per troy ounce, up 3.21% from the $81.02 it cost on Tuesday.

Deutsche Bank analysts note that Brent has risen to around a one-week high as geopolitical risks around Iran intensify. Comments from President Trump on potential military moves and reports of possible tanker seizures have pushed Oil higher.

West Texas Intermediate (WTI) Oil price gains over 0.5%, trading around $64.50 per troy ounce during the early European hours on Wednesday. Crude Oil prices advance amid persistent supply concerns linked to escalating United States (US)–Iran tensions.

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

Gold (XAU/USD) attracts some dip-buyers following the previous day's modest slide and climbs back above the $5,050 level during the Asian session on Wednesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.20 during the Asian trading hours on Wednesday. The WTI price holds steady as lingering geopolitical uncertainty offsets a significant build in US crude oil inventory.

Silver (XAG/USD) steadies following the previous day's modest pullback from the $84.00 mark and trades with a mild positive bias during the Asian session on Wednesday.

Gold price (XAU/USD) falls to near $5,045 during the early Asian session on Wednesday. Traders assess whether prices have found a floor following a historic sell-off.

United States API Weekly Crude Oil Stock up to 13.4M in February 6 from previous -11.1M

Gold price turns negative during Tuesday’s session, even though worse than expected data in the US pushed investors to trim US Dollar shorts, pushing the yellow metal lower, but remaining above the $5,000 threshold. At the time of writing, XAU/USD trades with losses of 0.72% at $5,022.

West Texas Intermediate (WTI) US Oil trades around $63.90 per barrel on Tuesday, down 0.43% on the day at the time of writing. The Crude Oil remains under pressure as concerns about potential supply disruptions in the Middle East have partly faded.

Commerzbank’s Thu Lan Nguyen warns that unusually low gas storage levels in Germany and across the EU, combined with higher consumption and a flatter forward curve, raise the risk of price spikes and potential consumption restrictions.

The daily chart for spot Gold shows a broad uptrend that is holding above both the 50-day Exponential Moving Average (EMA) at 4,637 and the 200-day EMA at 3,954, confirming the longer-term bullish structure.

Silver (XAG/USD) trades with a negative bias on Tuesday, as mild profit-taking emerges after the metal surged more than 8% on Monday.

Commerzbank’s Barbara Lambrecht and Volkmar Baur report that Copper and broader base metals have eased from recent highs, with China’s influence on global metal demand growth declining compared to pre-pandemic years.

Gold (XAU/USD) shows marginal gains on Tuesday, but downside attempts are limited above the $5,000 psychological level, with the $5,100 resistance area nearby. Precious metals are looking for direction on Tuesday, with US Dollar weakness limiting downside attempts.

Gold (XAU/USD) struggles for direction on Tuesday, with overall trading activity subdued in the absence of fresh market-moving catalysts. At the time of writing, XAU/USD trades around $5,050, holding firm after briefly slipping below the $5,000 psychological level during the early Asian session.

Commerzbank’s Carsten Fritsch notes that Oil prices initially fell as indirect US–Iran talks in Oman reduced fears of a US strike, lowering the geopolitical risk premium.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $82.63 per troy ounce, down 1.49% from the $83.88 it cost on Monday.

West Texas Intermediate (WTI) Oil price continues to trade higher for a third consecutive session, trading near $64.20 per barrel during early European trading on Tuesday.

Gold (XAU/USD) drifts lower during the Asian session on Tuesday and snaps a two-day winning streak, though it lacks strong follow-through selling and shows some resilience below the $5,000 psychological mark amid mixed cues.

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.80 during the early Asian trading hours on Tuesday. The WTI price falls as concerns about supply disruptions in the Middle East have faded.

Gold price (XAU/USD) attracts some sellers near $5,035 during the early Asian session on Tuesday. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders brace for key US economic data later this week, including delayed employment and inflation reports. 

The daily chart shows spot Gold in a parabolic uptrend that accelerated sharply from the $4,600 area in late January, printing a record high at $5,598.25 before a violent reversal erased nearly $1,000 in value during the final days of the month.

Gold price (XAU/USD) remains bid during the North American session on Monday following reports that Chinese authorities recommended institutions to reduce exposure to US Treasuries or pare down their positions due to increased volatility. At the time of writing, XAU/USD trades at $5.074, up 2.16%.