Gold (XAU/USD) price retreats as the week begins, down some 0.20% on Monday as Crude Oil prices trend up, increasing fears of an inflation spiral that might deter central banks, including the Federal Reserve (Fed), from lowering borrowing costs.

Silver (XAG/USD) trades around $74.10 on Monday at the time of writing, down 2.23% on the day after briefly dropping to an intraday low near $72.61. The white metal is attempting to stabilize its losses but remains under pressure as the US Dollar (USd) strengthens amid rising geopolitical tensions.

West Texas Intermediate (WTI) US Oil trades around $95.70 per barrel on Monday at the time of writing, rising 5.90% on the day but still struggling to regain the $100 threshold after last week’s sharp volatility.

Standard Chartered’s Bader Al Sarraf highlights that the Strait of Hormuz has been effectively shut since late February, driving a sharp drop in Gulf crude exports and taking a large volume of production offline.

Gold (XAU/USD) regains ground on Monday after a gap-down open, though it lacks strong upside momentum amid escalating tensions between the United States and Iran. At the time of writing, XAU/USD is trading around $4,732, rebounding from an intraday low near $4,632.

ING’s Ewa Manthey and Warren Patterson report that Oil markets rallied sharply after US-Iran talks collapsed, with ICE Brent jumping over 9% and NYMEX WTI moving above $105/bbl. The US plans a maritime blockade around Iranian ports, stoking supply fears.

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $74.47 per troy ounce, down 1.75% from the $75.79 it cost on Friday.

Oil prices jumped on Monday following the failure of the peace talks between the US and Iran and the US pledge to block the Strait of Hormuz.

Silver price (XAG/USD) claws back half of its early losses and rebounds to near $74.35 during the early European trading session on Monday, but is still almost 2% down.

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

Gold (XAU/USD) rebounds from the $4,633-$4,632 area, or a four-day trough touched during the Asian session on Monday, and fills a major part of the weekly bearish gap amid mixed cues.

West Texas Intermediate (WTI), futures on NYMEX, trade 7.6% higher to near $98.00 during the Asian trading session on Monday.

Gold price (XAU/USD) moves little after opening at a gap down, hovering around $4,670 per troy ounce during the Asian trading hours on Monday.

West Texas Intermediate (WTI) – the US oil benchmark – has opened the week with a bullish gap, climbing roughly 8%, looking to retarget the $100 threshold.

The US Central Command (CENTCOM) announced that the “Forces will start blockade of all maritime traffic entering and exiting Iranian ports on Monday, 10 AM ET” (14:00 GMT).

Gold (XAU/USD) price remains steady on Friday, poised to finish the week with gains of almost 2% as the US Dollar tumbles amid optimism about Iran-US talks in Pakistan throughout the weekend. Also, a mildly high US inflation report trimmed the Federal Reserve's (Fed) dovish bets for 2026.

United States Baker Hughes US Oil Rig Count up to 411 from previous 409

Wells Fargo’s international economics team notes that a fragile ceasefire in the Middle East leaves Oil market risks elevated and conviction on the outlook low.

UBS economist Paul Donovan discusses how visible Oil prices at fuel stations interact with changing consumer behavior in major economies.

Kevin Hassett, Director of the National Economic Council, told FOX Business on Friday that the Federal Reserve (Fed) outlook for having room to cut rates will be very solid. He also claimed the Hormuz Strait can be reopened within two months, saying they have backup plans to reopen it.

Gold (XAU/USD) oscillates within a narrow range on Friday as markets continue to monitor the evolving situation in the Middle East, while traders also stay on the sidelines ahead of US inflation data.

BNY’s Head of Markets Macro Strategy Bob Savage highlights extreme dislocation in Oil markets, with North Sea Forties Blend near $147/bbl and Dated Brent far above futures as Iran’s control of the Strait of Hormuz cuts flows to 8% of normal.

OCBC strategists Sim Moh Siong and Christopher Wong report Gold has rebounded in choppy trade on a fragile US–Iran ceasefire and direct Israel–Lebanon talks. With US nominal and real yields falling and risk sentiment improving, the bank sees risks to Gold prices somewhat skewed to the upside.

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $75.16 per troy ounce, down 0.23% from the $75.33 it cost on Thursday.

ING strategists Ewa Manthey and Warren Patterson highlight that Gold is edging higher and on track for a third consecutive weekly gain, supported by diplomatic optimism on Iran, central‑bank demand and rising inflation expectations.

Silver price (XAG/USD) trades in a tight range around $75.00 during the European trading session on Friday.

Oil prices are ticking up for the second consecutive day on Friday. The US benchmark West Texas Intermediate (WTI) Oil has returned to levels near $93.00 per barrel, as restrictions in the Strait of Hormuz keep a de facto blockade in place, adding strain to an already frail ceasefire deal in Iran.

DBS Group Research economist Eugene Leow notes that Gold has been consolidating in a tight range despite sharp moves in energy markets, as traders await key US CPI data. The report highlights stronger institutional demand, with rising ETF holdings after late-March weakness.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $91.75 during the early European trading hours on Friday. The WTI price declines as traders brace for the outcome of make-or-break talks between the US and Iran on Saturday in Pakistan.

Gold prices remained broadly unchanged in India on Friday, according to data compiled by FXStreet.