Gold (XAU/USD) price extended on Friday its losses for the eighth straight day, poised to end the week down by more than 8.50% as Oil prices continued to rally, boosting the haven appeal of the Greenback.

United States Baker Hughes US Oil Rig Count: 414 vs 412

OCBC’s Sim Moh Siong highlights that crude briefly surged toward USD120/bbl on Iranian attacks before easing as US officials signalled supply support and Israel suggested faster de-escalation.

OCBC’s Christopher Wong reports that Gold has come under pressure as rising global yields and renewed inflation risks reduce expectations for near-term rate cuts, prompting ETF outflows and stress-driven liquidation.

Gold (XAU/USD) struggles to gain traction on Friday following a sharp two-day decline that pushed prices to their lowest level since early February, near the $4,500 mark.

Silver price (XAG/USD) trades in a tight range around $72.80 during the European trading session on Friday. The white metal holds onto Thursday’s recovery move, which was driven by weakness in the US Dollar (USD).

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $73.17 per troy ounce, up 0.45% from the $72.84 it cost on Thursday.

West Texas Intermediate (WTI), futures on NYMEX, trade over 1% lower to near $93.10 during the early European trading session on Friday.

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

Silver price (XAG/USD) holds onto Thursday’s recovery move around $74 during the Asian trading session on Friday. The white metal recovered the previous day after revisiting the February low around $64.00.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.50 during the early Asian trading hours on Friday. The WTI price declines as the leaders of the US and Israel sought to reassure traders rattled by damage to major Persian Gulf energy facilities.

Gold price (XAU/USD) remains under selling pressure near $4,640 during the early Asian session on Friday. The precious metal extends the decline as soaring crude oil and energy prices, driven by the escalating US-Israeli war with Iran, reignite inflation fears.

Gold (XAU/USD) retreats more than 4.5% on Thursday as US Treasury yields rise amid investor concerns about high energy prices, while a solid US jobs report prompted traders to price out a rate cut in 2026, with expectations of the first move in 2027.

West Texas Intermediate (WTI) US Oil trades around $97.20 per barrel on Thursday, down 1.68% on the day after reaching an intraday high of $100.15, as markets balance improving supply conditions against escalating geopolitical risks.

According to Reuters, QatarEnergy’s CEO has confirmed significant damage to key facilities, taking around 17% of the country’s LNG exports offline, roughly 12.8 million tonnes per year, for what could be three to five years.

TD Securities’ Senior Commodity Strategist Daniel Ghali warns that Gold faces a challenging backdrop as Middle Eastern conflict strains official sector demand and Commodity Trading Advisors (CTA) keep selling.

Gold prices remain under heavy pressure on Thursday, breaking below the key $4,600 mark per troy ounce to hit fresh multi-month lows,,down for the seventh consecutive day.

Gold (XAU/USD) extends its decline on Thursday, slipping to over a one-month low as shifting near-term macroeconomic dynamics overshadow its traditional safe-haven appeal, despite heightened geopolitical tensions from the ongoing US-Israel war with Iran.

Gold (XAU/USD) has fallen sharply to its lowest level since early February, hovering around $4,680, pressured by a strong US Dollar (USD).

ING commodities strategists Warren Patterson and Ewa Manthey warn that missile damage at Qatar’s Ras Laffan Industrial City threatens a key LNG hub supplying nearly 20% of global trade.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $71.56 per troy ounce, down 4.97% from the $75.30 it cost on Wednesday.

Silver price (XAG/USD) plummets almost 6.5% to near $70 during the European trading session on Thursday. The white metal faces intense selling pressure as traders raise bets favoring an extended pause by the Federal Reserve (Fed).

Rabobank’s Senior Global Strategist Michael Every highlights that Brent and TTF prices have jumped as Israel, with US coordination, struck Iran’s largest gas field and Iran retaliated against GCC energy assets.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $96.00 during the early European trading hours on Thursday. The WTI price falls amid renewed US Dollar (USD) demand.

Silver price (XAG/USD) struggles to gain ground even after sliding to a fresh monthly low of $75.50 during the late Asian trading session on Thursday.

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

Gold (XAU/USD) stages a modest recovery from the $4,800 mark, or the lowest level since February 6, touched during the Asian session on Thursday, amid a modest downtick in the US Dollar (USD).

Silver (XAG/USD) edges higher after showing some resilience below the $75.00 psychological mark and, for now, seems to have snapped a two-day losing streak to a one-month low, touched the previous day.

Gold price (XAU/USD) faces some selling pressure near $4,830 during the early Asian session on Thursday.

MUFG’s Senior Currency Analyst Michael Wan argues that Vietnam faces a stagflationary shock if Strait of Hormuz disruptions persist, with higher Oil and energy costs hitting growth and lifting inflation.