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.

MUFG’s Senior Currency Analyst Michael Wan notes Brent and WTI have surged as energy shortages go global, with geopolitical risks around Iran and Red Sea shipping threatening key routes.

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

Silver price (XAG/USD) jumps 3% to near $73.00 in the Asian trading session on Tuesday.

Gold (XAU/USD) attracts buyers for the third straight day and rallies to a one-and-a-half-week top during the Asian session on Tuesday, though it struggles to find acceptance above the $4,600 mark.

West Texas Intermediate (WTI), futures on NYMEX, plunges over 3% to near $98.00 during the Asian trading session on Tuesday.

Gold (XAU/USD) price clings to solid gains of almost 1% on Monday as the US Dollar (USD) remains strong, while US Treasury yields decline, despite expectations that the Federal Reserve (Fed) will keep interest rates on hold in 2026.

West Texas Intermediate (WTI) US Crude Oil held above the $100 per barrel mark on Monday, trading in a wide intraday range that saw prices spike toward session highs near $101 before a sharp, short-lived dip back below $98.

National Bank of Canada’s (NBC) Angelo Katsoras outlines how an Iran conflict could severely disrupt Oil and gas markets if key energy infrastructure and the Strait of Hormuz are targeted.

Gold (XAU/USD) regains traction on Monday, reversing earlier intraday losses, as escalating tensions in the Middle East and shifting interest rate expectations keep markets volatile. At the time of writing, XAU/USD is trading around $4,576 after touching a low of $4,419 during the Asian session.

In an interview with Fox News on Monday, United States (US) Treasury Secretary Scott Bessent said that the Oil market is well supplied but added that any additional supply will be helpful, per Reuters.

ING’s Ewa Manthey and Warren Patterson note Aluminium has rallied after Iranian attacks damaged major producers EGA and Alba, compounding existing curtailments in Gulf capacity.

Gold (XAU/USD) reversal from early March highs at $5,420 seems to have found support at $4,100 last week, and the pair has been showing a moderate positive tone over the last few days.

OCBC strategists Sim Moh Siong and Christopher Wong describe Gold’s latest bounce as largely technical after a near 20% drawdown since the Iran conflict began.

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $70.92 per troy ounce, up 1.46% from the $69.90 it cost on Friday.

Rabobank’s Senior Macro Strategist Stefan Koopman notes that Brent has risen to 115 dollars as the Iran war enters its fifth week, with markets focused on when oil flows through the Strait of Hormuz will resume and at what price Oil shifts from an inflation to a recession story.

The price of the US benchmark West Texas Intermediate Oil (WTI) has pulled back from three-week highs at $101.40 per barrel on Monday’s Asian session opening times, but downside attempts remain contained above $98.50, as US President Donald Trump maintains a mixed position on Iran.

Societe Generale analysts Michael Haigh, Ben Hoff and Jeremy Sellem argue that Brent now faces a higher-for-longer regime as the US–Israel–Iran confrontation delays the reopening of the Strait of Hormuz into April.