US Treasury Secretary Scott Bessent warned that the United States (US)  will place sanctions on anyone conducting business with sanctioned Iranian airlines as commercial flights resume from Tehran, the Wall Street Journal reported on Monday.

US President Donald Trump and his national security team discussed Iran’s proposal to reopen the Strait of Hormuz and end the war, Reuters reported on Monday.  

Gold price (XAU/USD) slumps to near $4,685 during the early Asian session on Tuesday. Markets turn to "wait-and-see" mode ahead of the US Federal Reserve (Fed) interest rate decision and shifting developments in the Middle East conflict.

Gold (XAU/USD) price drops during the North American session on Monday as the Greenback trims some of its earlier losses amid a mild deterioration in risk appetite, driven by the lack of progress in US-Iran negotiations. The XAU/USD pair trades at $4,673, down 0.75%.

West Texas Intermediate (WTI) Crude Oil holds steady on Monday, as stalled US-Iran peace talks reduce hopes that the Strait of Hormuz will reopen anytime soon. At the time of writing, WTI is trading around $95.00 per barrel, with shifting geopolitical headlines keeping volatility elevated.

Silver (XAG/USD) declines and is trading around $74.90 on Monday, down 1.06% on the day. The white metal struggles to find a clear direction in an environment marked by investor caution.

BNY’s Bob Savage reports that Iran has proposed a U.S. deal prioritizing reopening the Strait of Hormuz and ending the war, with nuclear talks delayed.

Gold (XAU/USD) holds firm at the start of the week as fresh US-Iran headlines improve market sentiment, even after talks over the weekend failed to materialize. At the time of writing, the metal is trading around $4,704, little changed on the day after hitting an intraday peak of $4,730.

DBS Group Research’s Philip Wee notes that Brent has climbed back above $100 per barrel as geopolitical risks intensify. The move comes ahead of the War Powers Resolution vote, with markets focused on the potential for an unauthorized extension of US operations and a dual blockade scenario.

ING’s Warren Patterson and Ewa Manthey observe that managed money net long positions in COMEX Gold have declined, with investors turning more cautious.

Gold’s (XAU/USD) has opened the week in the same cautious mood that ended the last one. The precious metal keeps hovering within a tight range around $4,700 at the time of writing, with doji candles on the daily chart highlighting an indecisive market.

ING analysts Warren Patterson and Ewa Manthey note that Oil has rallied strongly as US-Iran peace talks stall and energy flows through the Strait of Hormuz remain constrained.

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $75.59 per troy ounce, down 0.15% from the $75.70 it cost on Friday.

Societe Generale analysts argue that Iran’s ability to sustain full oil production under the U.S. blockade is time‑limited by onshore storage and floating stocks.

West Texas Intermediate (WTI), futures on NYMEX, trades 1.5% higher to near $95.00 during the European trading session on Monday.

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.65 during the Asian trading hours on Monday. The WTI price edges higher as transit through the Strait of Hormuz remains severely restricted and peace talks between the United States and Iran have stalled.  

Gold (XAU/USD) attracts some dip-buyers at the start of a new week and rallies over $50 from the Asian session low, around the $4,672 region.

Iran gave the United States (US) a new proposal to reopen the Strait of Hormuz and end the war that includes putting off nuclear negotiations, Bloomberg reported on Monday, citing a US official.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note and reverses a part of Friday's modest decline, though the upside remains capped.

Gold price (XAU/USD) tumbles to around $4,680 during the early Asian session on Monday. The precious metal attracts some sellers amid the ongoing conflict in the Middle East. Traders brace for the US Federal Reserve (Fed) interest rate decision later on Wednesday, with no change in rate expected. 

Iran's Foreign Minister Abbas Araghchi held talks in ‌Oman on Sunday and discussed security in the Strait of Hormuz and broader Gulf waters and diplomatic efforts to end the Iran-US conflict, Reuters reported on Sunday.

Gold (XAU/USD) price recovers some ground on Friday, extending its gains above $4,700 as market sentiment remains upbeat amid headlines from Iran and the US pointing to a resumption of second-round talks aimed at ending the conflict. At the time of writing XAU/USD trades at $4,726, up 0.47%.

United States Baker Hughes US Oil Rig Count down to 407 from previous 410

West Texas Intermediate (WTI) US Oil trades around $92.55 at the time of writing on Friday, down 3.28% on the day, marking a notable pullback after reaching recent highs earlier in the week.

Silver (XAG/USD) trades flat on Friday, lacking clear direction as upside remains capped by Oil-driven inflation linked to ongoing US-Iran tensions, which have raised expectations of a prolonged higher interest rate environment.

MUFG’s Derek Halpenny links the prolonged Strait of Hormuz closure to rising Oil and input costs, with agricultural and fuel prices already surging. Halpenny assumes crude Oil averages USD 115 in Q2, lifting US inflation toward 3.8% later this year.

Gold (XAU/USD) steadies on Friday, erasing earlier losses but remains on track to close the week in negative territory, as macro headwinds linked to ongoing Middle East tensions keep buyers on the sidelines.

BNY’s Bob Savage reports that Oil remains a key market barometer as the Iran war disrupts supply, with Brent up sharply and the International Energy Agency warning that the global natural gas market will stay tight for at least two more years.

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $74.82 per troy ounce, down 0.82% from the $75.44 it cost on Thursday.