Gold (XAU/USD) price rallies for a fourth straight day on Wednesday, hitting a two-week high near $4,800 as the Greenback depreciates amid growing speculation of an end to the Middle East conflict. At the time of writing, the XAU/USD pair trades at $4,758, up nearly 2%.

United States EIA Crude Oil Stocks Change registered at 5.451M above expectations (2M) in March 27

Silver (XAG/USD) trades around $75.00 on Wednesday, edging slightly lower at the time of writing, as the precious metal pauses after a strong three-day recovery.

ING analysts Ewa Manthey and Warren Patterson highlight tightening conditions in Copper, as Chile posts its lowest monthly output in almost nine years and Ivanhoe cuts production guidance at Kamoa‑Kakula.

RaboBank's Global Strategist Michael Every highlights that Gulf War 3 and the closure of the Strait of Hormuz have pushed Oil prices about 60% above pre-war levels, with specific products like diesel and jet fuel particularly affected in Asia.

Gold (XAU/USD) appreciates for the fourth consecutive day on Thursday. The US Dollar (USD) tumbles as hopes of a quick end to the Iran war have improved risk appetite and triggered significant pullbacks in US Treasury yields.

BNY’s Head of Markets Macro Strategy Bob Savage highlights a sharp pullback in Brent and WTI as markets price a possible end to the Iran conflict within weeks, even as the Strait of Hormuz remains effectively closed.

West Texas Intermediate (WTI), futures on NYMEX, claws back half of its early losses during the European trading session on Wednesday. Still, the oil price is down 1.5% to near $96.00.

Gold (XAU/USD) edges higher on Wednesday, building on the previous day's solid gains as optimism grows that the US-Israel war with Iran could end soon. At the time of writing, XAU/USD is trading around $4,748, its highest level in nearly two weeks.

International Energy Agency chief Fatih Birol said during European trading hours on Wednesday that the ongoing oil supply crisis is worse than the two in the 1970s and Russia-related in 2022 put together.

HSBC’s Willem Sels and Lucia Ku reiterate a constructive six‑month view on Gold, keeping an Overweight stance. They argue recent headwinds should be short-lived, with fundamentals still supportive.

ING analysts Ewa Manthey and Warren Patterson note that Oil prices, including Brent and WTI, have dropped below $100 as US President Trump signalled a possible end to the war with Iran.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $74.48 per troy ounce, down 0.88% from the $75.14 it cost on Tuesday.

ING’s Ewa Manthey and Warren Patterson report that Gold has extended gains for a third session, with spot prices moving above $4,700/oz as hopes grow that war in the Middle East could end within weeks.

West Texas Intermediate (WTI), futures on NYMEX, is down 0.8% to near $96.60 in the early European trade on Wednesday. The oil price extends its correction from the three-week high of 103.33 posted on Tuesday on hopes of a ceasefire in the Middle East war.

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

Gold (XAU/USD) touches a nearly two-week top during the Asian session on Wednesday, with bulls looking to extend a four-day-old uptrend beyond the $4,700 round figure.

United States API Weekly Crude Oil Stock registered at 10.263M above expectations (-1.3M) in March 27

Gold (XAU/USD) price recovers some ground on Tuesday, rallying nearly 3% as the Iranian President Masoud Pezeshkian hinted that the regime is ready to end the war.

Silver (XAG/USD) surges on Tuesday and trades around $73.70 at the time of writing, up 5.14% on the day.

Commerzbank analysts Carsten Fritsch and Barbara Lambrecht highlight that the Iran war and Strait of Hormuz closure have sharply lifted Brent and refined product prices, especially diesel and jet fuel.

ING’s commodities team highlights that Aluminium prices rallied toward $3,500/t on the LME as Middle East supply risks escalated. Damage at Emirates Global Aluminium and potential disruption at Aluminium Bahrain threaten around 3.2Mt of annual capacity.

West Texas Intermediate (WTI) US Oil trades around $99.60 on Tuesday, down 2.30% on the day at the time of writing, ending a four-day winning streak as markets react to signs that geopolitical tensions in the Middle East could ease.

Gold (XAU/USD) trades with an upside bias on Tuesday, on hopes of de-escalation in the Middle East conflict.

Gold (XAU/USD) maintains a moderate bullish tone on Tuesday, extending its recovery from last week’s lows near $4,100, yet with resistance at the $4,600 area, holding upside attempts for now.

Rabobank’s Global Strategist Michael Every highlights that Brent has eased to around $111 and WTI to $102 despite a Kuwaiti tanker being hit, while European and African Oil markets are tightening as Asia fills supply gaps. He cites Bloomberg’s warning of $140 Oil if Red Sea shipping is hit again.

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $73.14 per troy ounce, up 4.36% from the $70.09 it cost on Monday.

Societe Generale’s commodities team has revised its Oil outlook, warning Brent could spike towards $150/bbl in a higher‑for‑longer scenario if the Strait of Hormuz is shut for two months.

Silver (XAG/USD) retreats from a four-day high, around mid-$73.00s touched earlier this Tuesday, though it sticks to positive bias for the third straight day. The white metal trades just above the $72.00 mark during the first half of the European session, up 3.0% for the day.

West Texas Intermediate (WTI) oil price halts its four-day winning streak, trading around $99.60 per barrel during the Asian hours on Tuesday. Crude oil prices weaken on growing speculation that US President Donald Trump could end the Iran conflict, easing fears of prolonged supply disruptions.