West Texas Intermediate (WTI) trades around $88.20 on Wednesday at the time of writing, up 0.40% on the day, attempting to stabilize after a recent pullback.

TD Securities strategists Oscar Munoz and Eli Nir argue that the Federal Reserve (Fed) faces conflicting signals as the Iran conflict drives an Oil shock.

United States EIA Crude Oil Stocks Change registered at 6.926M above expectations (0.5M) in March 20

TD Securities’ Senior Commodity Strategist Ryan McKay warns that Oil markets face escalating tightness as flows through the Strait of Hormuz remain severely restricted and Gulf production cuts exceed 10m b/d.

Citing informed sources on the matter, Iran's Fars news agency reported on Wednesday that Tehran doesn't see truce and talks as viable in current conditions, despite the United States' increased efforts to establish a ceasefire and begin direct negotiations.

Gold (XAU/USD) extends its recovery on Wednesday after falling to four-month lows earlier this week, as early buyers step in following a sharp selloff.

ING strategists Ewa Manthey and Warren Patterson report Gold has extended gains above $4,600 as it rebounds from a nine‑day losing streak.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $73.26 per troy ounce, up 2.76% from the $71.30 it cost on Tuesday.

Silver price (XAG/USD) extends its winning streak for the third trading day on Wednesday, trading over 2% around $73.00 during the European session. The white metal strengthens amid increased efforts from United States (US) President Donald Trump to end the war in the Middle East.

West Texas Intermediate (WTI) oil price gains ground after two days of losses, trading around $88.00 per barrel during the early European hours on Wednesday.

MUFG’s Senior Currency Analyst Michael Wan notes that Brent Oil has dropped to around US$100 as the Dollar weakened on signs of US–Iran talks, but he stresses that negotiations are likely to be very difficult.

West Texas Intermediate (WTI) Crude Oil prices reverse an intraday fall to the $86.00 mark, back closer to the overnight swing low, though traders seem reluctant to place directional bets amid mixed geopolitical signals.

Iran's Revolutionary Guards said on Wednesday that they had fired missiles at Israel as well as military bases hosting US forces in Kuwait, Jordan and Bahrain.

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

Gold (XAU/USD) builds on this week's solid recovery from a technically significant 200-day Simple Moving Average (SMA) near the $4,100 mark, or a four-month low, and climbs to the $4,600 mark during the Asian session on Wednesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $86.85 during the Asian trading hours on Wednesday. The WTI price falls as the US-Iran talks signal hope for Middle East peace.

Silver (XAG/USD) builds on this week's goodish recovery from the $61.00 mark, or its lowest level since December 12, and gains positive traction for the fourth straight day on Wednesday.

Gold price (XAU/USD) recovers some lost ground to around $4,470  during the early Asian session on Wednesday. The precious metal edges higher following a period of extreme volatility, with the price falling to a four-month low near $4,100, its worst weekly performance since 1983. 

United States API Weekly Crude Oil Stock above expectations (-1.3M) in March 20: Actual (2.3M)

Gold (XAU/USD) remains pressured on Tuesday, remaining near its opening price amid heightened tensions in the Middle East, as the Wall Street Journal reported that the Pentagon plans to deploy a brigade combat team from the Army's elite Airborne Division.

WTI Crude Oil bounced roughly 3% on Tuesday, recovering to above $90.00/barrel after Monday's brutal 11% sell-off.

Silver (XAG/USD) trades slightly higher on Tuesday, around $69.35 at the time of writing, up 0.25% on the day, but struggles to build momentum as markets remain driven by conflicting geopolitical signals and tight financial conditions.

TD Securities’ Senior Commodity Strategist Daniel Ghali argues that Gold’s bull market is increasingly constrained as energy importers and Middle Eastern producers face shocks that erode official sector demand.

ING strategists Ewa Manthey and Warren Patterson say Copper prices on the LME are retreating after Monday’s rally that followed a temporary pause in US strike plans on Iran.

Gold (XAU/USD) trades with a subdued tone on Tuesday, struggling to build on the previous day’s rebound as investors continue to assess geopolitical developments in the Middle East amid conflicting signals from the United States and Iran over potential negotiations.

ING’s Ewa Manthey and Warren Patterson report that Gold has broken below $4,100/oz, extending a record ten-session decline as higher real yields and a firmer Dollar offset geopolitical support.

West Texas Intermediate (WTI), futures on NYMEX, is up 2% to near $90.00 during the European trading session on Tuesday. The oil price holds early gains, driven by Iran’s refusal to be involved in any direct talks with the United States (US) regarding the end of conflicts in the Middle East.

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $69.56 per troy ounce, up 0.57% from the $69.17 it cost on Monday.

Rabobank’s Senior Macro Strategist Bas van Geffen notes that Iran’s control over the Strait of Hormuz and ongoing regional tensions are keeping risks elevated for Oil and broader energy markets.

Deutsche Bank strategists highlight sharp two-way moves in Brent Oil as conflicting signals emerge on potential US–Iran talks. Brent dropped back below $100 to ease inflation fears before rebounding above $103 as Iran denied negotiations and regional escalation risks resurfaced.