Gold (XAU/USD) price begins the week on a lower note as risk appetite deteriorated amid the US-Iran conflict escalating over the weekend, while steady US Treasury yields and a rally in Oil prices capped the yellow metal’s advance. At the time of writing, XAU/USD trades at $4,803, down 0.70%.

Silver (XAG/USD) trades lower on Monday, slipping to around $79.75 at the time of writing and losing 1.30% on the day.

West Texas Intermediate (WTI) US Oil trades around $87.10 per barrel on Monday, gaining 3.80% on the day at the time of writing, as geopolitical tensions in the Middle East revive concerns about global supply disruptions.

Deutsche Bank’s analysts highlight sharp Brent Oil volatility as Iran tensions and Strait of Hormuz disruptions drive price swings. They note Brent crude rebounded after a steep Friday selloff, but remains sensitive to ceasefire headlines and shipping probabilities.

HSBC strategists highlight this year’s sharp volatility, with prices swinging between about USD 4,405 and USD 5,450 per ounce before stabilising near USD 4,800.

Gold (XAU/USD) steadies on Monday after opening the week with a bearish gap as evolving geopolitical developments surrounding the US-Iran war keep volatility elevated across global financial markets.

Gold’s (XAU/USD) is practically flat at $4,790 on Monday, as investors return to the safety of the US Dollar (USD) amid threats to the US-Iran peace process.

Crude prices edged lower during Monday’s European trading session, with the US benchmark West Texas Intermediate (WTI) barrel changing hands at $86.85 at the time of writing. This is down from session highs at $88.50, but significantly above Friday’s lows, at $78.90.

Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $79.45 per troy ounce, down 1.67% from the $80.80 it cost on Friday.

OCBC strategists Sim Moh Siong and Christopher Wong highlight that Gold remains closely tied to risk proxies, with weekend geopolitical twists denting risk appetite.

Danske Research Team highlights that Brent crude has rebounded toward USD 95/bbl as US–Iran tensions around the Strait of Hormuz intensify.

Silver price (XAG/USD) is down 1.7% to near $79.30 during the early European trading session on Monday.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on its bullish gap opening, though it sticks to modest intraday gains through the Asian session on Monday.

Gold (XAU/USD) rebounds from a one-week trough, around the $4,737-$4,738 area touched during the Asian session, and fills a part of the weekly bearish gap opening on Monday.

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

Iran’s Foreign Ministry spokesman Esmail Baghaei said the US blockade of Iran’s ports and coastline is an act of aggression that violates the ceasefire, the Guardian reported on Monday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.70 during the Asian trading hours on Monday. The WTI price rises on renewed tensions between the United States (US) and Iran in the Strait of Hormuz.

Iran's military said that United States (US) violated the ceasefire by firing at one of Iran's commercial ships, and the country will soon respond and retaliate against this maritime and armed robbery by the US military.

Gold price (XAU/USD) slumps to around $4,775 during the early Asian session on Monday. Traders digest renewed tensions between the United States (US) and Iran over the critical Strait of Hormuz.

Gold (XAU/USD) price rallies on Friday ahead of the weekend, breaking past the $4,850 level and rising more than 1.50%, as the US-Iran conflict seems to be de-escalating after Iran reopened the Strait of Hormuz, easing inflationary pressures worldwide.

United States Baker Hughes US Oil Rig Count dipped from previous 411 to 410

Silver (XAG/USD) surges on Friday, trading around $82.60 at the time of writing, up 5.40% on the day as the US Dollar (USD) weakens and markets reassess the outlook for United States (US) monetary policy.

West Texas Intermediate (WTI) US Oil price collapses on Friday, trading near $81.50 at the time of writing after losing 9.12% during the day. The move marks a sharp acceleration lower after the Crude briefly surged above $90 earlier in the day before sellers took control.

Gold (XAU/USD) holds steady on Friday as expectations grow around a potential US-Iran peace agreement. At the time of writing, XAU/USD is trading around $4,807, up nearly 0.35% on the day, and remains on track for a fourth consecutive weekly gain.

Gold’s (XAU/USD) remains practically flat, at $4,790 at the time of writing on Friday, lacking a clear bias after pulling back from one-month highs, at $4,871 earlier this week.

Silver (XAG/USD) rebounds on Friday, trading around $79.40 at the time of writing and gaining 1.25% on the day. The Silver price remains close to the $79 mark as investors monitor geopolitical developments and monetary policy expectations in the United States (US).

Deutsche Bank analysts note Brent Oil nearly touched $100/bbl on Thursday before retreating on Friday, as traders reacted to shifting headlines around US–Iran negotiations and regional ceasefires.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $79.72 per troy ounce, up 1.74% from the $78.36 it cost on Thursday.

Silver price (XAG/USD) trades calmly near $78.70 during the European trading session on Friday. The white metal is broadly sideways as investors await the announcement of a timeline for another round of talks between the United States (US) and Iran.

Rabobank strategist Molly Schwartz highlights that European Union (EU) and Gulf Cooperation Council (GCC) officials see a potential US–Iran deal taking up to six months, which pushed Crude Oil futures back to around $98/bbl.