West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.90 during the early Asian trading hours on Tuesday. The WTI declines amid the stronger US Dollar (USD) and concerns about global energy demand.

Gold price rallies over 2% on Monday as investors increases bets on a Federal Reserve (Fed) rate cut at the December meeting. Meanwhile, news of a possible reopening of the US government pushed the Greenback higher, yet the yellow-metal buyers remain reluctant to give way to earlier gains.

Gold price (XAU/USD) trades 2% higher to near $4,080 during the European trading session on Monday. The yellow metal strengthens amid steady expectations that the Federal Reserve (Fed) will cut interest rates again in the December policy meeting.

Silver (XAG/USD) continues its advance at the start of the week, trading around $49.85 per ounce on Monday at the time of writing, up 3.0% for the day and marking its highest level in three weeks at $50.00 earlier in the day.

Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.

Silver (XAG/USD) trades little changed on Friday, hovering near $48.30 at the time of writing after easing from intraday highs, as the market remains directionless heading into the weekend.

United States Baker Hughes US Oil Rig Count registered at 414 above expectations (413)

The Copper price has recently fallen significantly from its record high at the end of October of just over $11,000 per ton, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.

Yesterday, the World Gold Council published data on Gold ETFs in October, Commerzbank's commodity analyst Carsten Fritsch notes.

In recent days, there have been reports indicating a further increase in Oil production in Libya, Commerzbank's commodity analyst Carsten Fritsch notes.

The US sanctions against Russia's two largest Oil companies announced by US President Trump two weeks ago are now apparently also having an impact on Russia's seaborne crude Oil exports, Commerzbank's commodity analyst Carsten Fritsch notes.

Gold (XAU/USD) trades slightly firmer on Friday, holding within the familiar $3,900-$4,050 range as the prolonged United States (US) government shutdown and cautious sentiment across global markets keep safe-haven demand steady.

West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $60.04 per barrel, up from Thursday’s close at $59.40.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $63.33 price posted on Thursday, and trading at $63.97.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.60 during the Asian trading hours on Friday. The WTI recovers some lost ground on the weaker US Dollar (USD). However, the potential upside might be limited amid increasing excess supply concerns.

Gold price advances on Thursday after reaching a daily high of $4,019, but retreats below the $4,000 mark even though the US Dollar and US Treasury yields tumbled. At the time of writing, XAU/USD trades with gains of over 0.10% at around $3,985.

West Texas Intermediate (WTI) US Oil trades at $58.90 on Thursday at the time of writing, down 0.80% on the day, extending its decline for a third consecutive day.

Copper is vulnerable to an unwind in the debasement trade, but that is a side-story, TDS' Senior Commodity Strategist Daniel Ghali notes.

Silver (XAG/USD) edges higher on Thursday, maintaining its recovery above the $48 mark as the United States (US) government shutdown deepens market uncertainty. At the time of writing, XAG/USD trades around $48.40, gaining 0.60% on the day, following a strong rebound from earlier-week lows.

Gold (XAU/USD) is trading higher for the second consecutive day on Thursday, favoured by a somewhat softer US Dollar.

Gold (XAU/USD) edges higher on Thursday, reclaiming the key $4,000 psychological mark as the US Dollar (USD) softens. At the time of writing, XAU/USD is trading around $4,016, extending gains for the second consecutive day, up nearly 0.80%.

Turning to Natural Gas, the latest positioning data shows that investment funds cut their net long in TTF by 24.8TWh over the last week to 21.4TWh, the smallest net long held since March 2024, ING's commodity experts Ewa Manthey and Warren Patterson note.

It was a choppy session for the Oil market on Wednesday, but ultimately a relatively bearish EIA inventory report ensured that Brent settled more than 1.4% lower on the day.

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $59.81 per barrel, up from Wednesday’s close at $59.49.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $63.43 price posted on Wednesday, and trading at $63.74.

West Texas Intermediate (WTI) Crude Oil extends its decline for the third consecutive day on Wednesday, slipping below the key $60.00 per barrel mark to hit a one-week low after the latest US Energy Information Administration (EIA) report showed a larger-than-expected inventory build.

Gold (XAU/USD) price rises more than 1% on Wednesday after a slew of economic data was released in the United States (US), which strengthened the US Dollar (USD), but also the yellow metal, which trades at around $3,980 after hitting a daily low of $3,929.

United States EIA Crude Oil Stocks Change above expectations (1.8M) in October 31: Actual (5.202M)

Gold (XAU/USD) holds steady within familiar ranges on Wednesday as a mild risk-off tone across global markets underpins demand for the safe-haven metal. At the time of writing, XAU/USD is trading around $3,965, recovering modestly from Tuesday’s low of $3,928.

West Texas Intermediate (WTI) US Oil trades around $60.80 on Wednesday at the time of writing, gaining 1.0% on the day after dipping to the $60.00 region earlier.

European Natural Gas prices rose again as colder weather and lower wind generation boosted demand expectations, even as storage levels remain below average and speculative interest stays muted, ING's commodity experts Ewa Manthey and Warren Patterson note.

The Oil market came under pressure yesterday, unable to escape the broader risk-off move across markets, ING's commodity experts Ewa Manthey and Warren Patterson note.