UOB Global Economics & Markets Research reports a steep selloff in Gold and other precious metals as AI-related risk aversion hit broader markets. They describe algorithmic trading and profit taking as factors behind the move, following a strong prior rally.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.50 during the early European trading hours on Friday. The WTI price attracts some sellers amid persistent oversupply concerns.
Gold (XAU/USD) regains positive traction during the Asian session on Friday and recovers a part of the previous day's heavy losses to the $4,878-4,877 region, or the weekly low.
Gold prices rose in India on Friday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) Oil price trades largely unchanged around $62.80 per barrel during the Asian session on Friday, after dropping more than 3% in the previous session. Crude Oil prices remain under pressure amid ongoing concerns about oversupply.
Gold price (XAU/USD) faces some selling pressure around $4,910 during the early Asian session on Friday. The yellow metal tumbles over 3.50% on the day, with algorithmic traders appearing to amplify the precious metal’s sudden drop.
Gold price declines close to 2.7% on Thursday amid the lack of a clear catalyst, as US jobs data during the last couple of days was solid, despite of the number of Americans filing for unemployment benefits rose more than expected.
West Texas Intermediate (WTI) US Crude Oil took a fresh leg down on Thursday, bullied into the low end by a combination of the potential for a sharp pullback from US-Iran tensions, and growing scepticism about the potential for a sweeping 'demand wave' from China that energy conglomerates have been
Silver (XAG/USD) trades lower on Thursday, hovering around $82.85 at the time of writing, down 1.95% on the day. The white metal is correcting after posting a weekly high at $86.30, while the immediate bullish structure remains intact despite the current pullback.
ING’s Warren Patterson and Ewa Manthey say ICE Brent is supported with $70/bbl back in sight as uncertainty over Iran and OPEC+ output cuts offset a large US inventory build.
Gold (XAU/USD) is trading practically flat at the top of the weekly range on Thursday, with bulls capped right below February’s peak in the $5,100 area.
Gold (XAU/USD) holds in a narrow range on Thursday as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut. At the time of writing, XAU/USD trades around $5,065, remaining confined to this week’s $5,000-$5,100 consolidation band.
The West Texas Intermediate (WTI) US Oil trades lower on Thursday, hovering around $64.15 at the time of writing, down 1.10% on the day. The Oil market is mainly reacting to the latest weekly US inventory data.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $83.98 per troy ounce, down 0.61% from the $84.50 it cost on Wednesday.
Deutsche Bank analysts note that Brent has extended gains as markets react to rising geopolitical risks around Iran and fresh comments from President Trump after his meeting with Israel’s Prime Minister.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Gold (XAU/USD) edges lower during the Asian session on Thursday and reverses part of the previous day's positive move to a nearly two-week high. The commodity, however, lacks follow-through selling and currently trades just above the $5,050 level, down less than 0.50% for the day, amid mixed cues.
West Texas Intermediate (WTI) Oil price edges lower after registering over 1% gains in the previous session, trading around $64.80 during the Asian hours on Thursday.
Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and reverses a major part of the previous day's gains to the $86.30 area, or the weekly high.
Gold price (XAU/USD) trades in positive territory near $5,060 during the early Asian session on Thursday. The precious metal edges higher despite stronger-than-expected US employment data. The release of the US Consumer Price Index (CPI) inflation report will take center stage later on Friday.
Gold (XAU/USD) price holds firm above $5,000 on Wednesday after the latest US jobs report exceeded forecasts, triggering a re-pricing for a less dovish than expected Federal Reserve (Fed) throughout the first semester of 2026. At the time of writing, XAU/USD trades at $5,054, up 0.61%.
West Texas Intermediate (WTI) crude oil surged above $65.00 per barrel on Wednesday, gaining over 1% as escalating US-Iran tensions continued to inject a geopolitical risk premium into energy markets.
Silver (XAG/USD) trades higher on Wednesday, hovering around $83.90 at the time of writing, up 3.65% on the day. The white metal maintains a constructive tone after absorbing the initial pressure triggered by the release of a solid US employment report, which briefly supported the US Dollar (USD).
West Texas Intermediate (WTI) US Oil trades around $65.15 on Wednesday at the time of writing, up 1.53% on the day, extending the rebound that began earlier this week.
Gold (XAU/USD) edges higher on Wednesday as a softer US Dollar (USD) lends support to prices. At the time of writing, XAU/USD trades around $5,103, up about 1.45% on the day, with attention turning to the delayed US jobs report.
Gold (XAU/USD) has retraced Tuesday’s lows and is resuming the upside trend from late January lows, with bulls testing resistance around $5,100 at the time of writing.
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $83.62 per troy ounce, up 3.21% from the $81.02 it cost on Tuesday.
Deutsche Bank analysts note that Brent has risen to around a one-week high as geopolitical risks around Iran intensify. Comments from President Trump on potential military moves and reports of possible tanker seizures have pushed Oil higher.
West Texas Intermediate (WTI) Oil price gains over 0.5%, trading around $64.50 per troy ounce during the early European hours on Wednesday. Crude Oil prices advance amid persistent supply concerns linked to escalating United States (US)–Iran tensions.