Gold (XAU/USD) price rallies over 3% on Friday as dip buyers emerge, amid the conflict entering its fifth week of hostilities, with no signs of de-escalation, and as inflation pressures rise. At the time of writing, XAU/USD trades at $4,510 after bouncing off daily lows of $4,375.
Societe Generale’s Kunal Kundu analyses how the Iran conflict exposes India’s macro vulnerabilities through imported energy dependence and trade route risks. Kundu highlights broad spillovers from higher Oil and gas prices into the consumption basket and external balances.
West Texas Intermediate (WTI) US Oil rises sharply and trades around $96.00 at the time of writing on Friday, up 3.55% on the day.
Thu Lan Nguyen at Commerzbank has revised Gold forecasts higher, now seeing USD 5,000 per ounce by end-2026 and USD 5,200 next year, despite a recent 15% drop.
Silver (XAG/USD) trades around $68.50 on Friday at the time of writing, up 0.59% on the day, supported by renewed investor interest. Despite this uptick, the white metal remains within a broadly sideways trend, as market participants stay cautious amid an uncertain macroeconomic environment.
Gold (XAU/USD) struggles to build on its gains on Friday as evolving geopolitical headlines surrounding the US-Israel war with Iran continue to drive volatility across global markets.
Gold price (XAU/USD) trades over 1% higher at around $4,450 during the European trading session on Friday.
Nordea’s Jan von Gerich notes that despite intense Middle East headlines and large market swings, Oil has not broken to new highs in recent weeks, while German yields have surged and equities weakened.
ING analysts highlight that Copper climbed on Friday and is on track for its first weekly gain of the month after President Trump extended the Iran deal deadline, improving risk sentiment.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $68.84 per troy ounce, up 1.08% from the $68.10 it cost on Thursday.
ING analysts Ewa Manthey and Warren Patterson note that Oil prices have steadied after US President Donald Trump extended the Iran energy deadline to 6 April, easing immediate pressure but maintaining a geopolitical premium.
Crude Oil prices have pared previous losses, returning to levels above $93.50 per barrel at Friday’s European session opening.
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Gold (XAU/USD) gains some positive traction during the Asian session on Friday and reverses a part of the previous day's fall to the $4,350 area.
Silver (XAG/USD) struggles to gain any meaningful traction on Friday and oscillates in a narrow trading band just above the $68.00 mark during the Asian session.
Standard Chartered economists Chong Hoon Park and Arup Ghosh update their South Korea forecasts following higher Oil prices linked to Middle East tensions. They now see 2026 CPI inflation at 2.4% versus 2.0% previously, with Oil averaging USD 85/bbl.
Gold (XAU/USD) price plummets nearly 2.50% on Thursday as Oil prices rise amid uncertainty about a possible agreement between the US and Iran, adding upward pressure on inflation and pushing the Greenback higher. At the time of writing, XAU/USD trades at $4,394 after reaching a daily high of $4,544.
Silver (XAG/USD) trades lower on Thursday, hovering around $68.50 at the time of writing, down 3.85% on the day, extending its pullback after earlier gains this week.
TD Securities’ Senior Commodity Strategist Daniel Ghali warns that Commodity Trading Advisors (CTAs) are likely to sell Gold unless prices stage a strong rebound in the coming week.
ING’s Ewa Manthey and Warren Patterson note that NYMEX WTI and ICE Brent are up around 2% after sharp volatility around $100/bbl as markets react to conflicting US‑Iran ceasefire signals.
Gold (XAU/USD) edges lower on Thursday, snapping a two-day winning streak as uncertainty surrounding US-Iran negotiations to end the conflict keeps markets on edge, with price action largely driven by hawkish global interest rate expectations stemming from an Oil-driven inflation shock.
West Texas Intermediate (WTI) US Oil trades around $92.05 on Thursday at the time of writing, up 1.73% on the day, extending its positive bias despite a lack of strong bullish conviction.
Gold price (XAU/USD) is down 2% to near $4,410 during the European trading session on Thursday.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $68.17 per troy ounce, down 4.33% from the $71.25 it cost on Wednesday.
Rabobank’s Philip Marey and Kan Ji argue that higher global Oil prices from the Iran conflict will push US inflation higher and keep it more persistent.
West Texas Intermediate (WTI) Crude Oil prices stick to a positive bias for the second consecutive day on Thursday, though the intraday uptick lacks bullish conviction.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold (XAU/USD) shows some resilience below the $4,500 psychological mark during the Asian session on Thursday and stalls the overnight rejection slide from the 100-day Simple Moving Average (SMA). The upside, however, remains capped amid a bullish US Dollar (USD).
West Texas Intermediate (WTI) Crude Oil prices consolidate during the Asian session on Thursday and hold steady around the $90.50 region, well within a three-day-old range.