West Texas Intermediate (WTI) edges higher on Wednesday after a brief dip as traders digest the latest US Energy Information Administration (EIA) crude inventory report. At the time of writing, WTI is trading near $59.10, up nearly 1.00% on the day.

United States EIA Crude Oil Stocks Change above expectations (-1.9M) in November 28: Actual (0.574M)

Gold (XAU/USD) trades slightly softer on Wednesday as investors adopt a cautious stance ahead of the upcoming US economic data releases due later in the day. At the time of writing, XAU/USD is consolidating around the $4,200 psychological mark after easing from an intraday high near $4,228.

Central banks added a net 53 tonnes of Gold to reserves in October, marking the strongest monthly increase since November 2024, with Poland and Brazil leading the charge.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $58.05 per troy ounce, down 0.89% from the $58.57 it cost on Tuesday.

European natural Gas prices extended their decline, with TTF falling to its lowest level since April as unseasonably mild weather curbs demand, ING's commodity experts Ewa Manthey and Warren Patterson note.

Oil prices traded lower yesterday, with ICE Brent hitting its lowest level since late October, ING's commodity experts Ewa Manthey and Warren Patterson note.

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $58.67 per barrel, up from Tuesday’s close at $58.51.

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

Gold (XAU/USD) builds on the previous day's late rebound from the $4,164-4,163 area and gains some follow-through positive traction during the Asian session on Wednesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $58.40 during the Asian trading hours on Wednesday. The WTI declines as the efforts by the US to end the Russia-Ukraine conflict send optimism of a ceasefire sooner than expected.

Silver (XAG/USD) enters a bullish consolidation phase during the Asian session on Wednesday and holds steady near the all-time peak touched earlier this week. The white metal currently trades below mid-$58.00s, down 0.20% for the day, through it lacks follow-through selling.

Gold price (XAU/USD) tumbles to near $4,210 during the early Asian trading hours on Wednesday. The precious metal loses momentum as traders book profits ahead of the upcoming key US data releases.

United States API Weekly Crude Oil Stock declined to -2.48M in November 28 from previous -1.9M

Gold (XAU/USD) dips some 0.80% on Tuesday as traders seem to be booking profits ahead of next week's Federal Reserve (Fed) monetary policy meeting, amid a firm US Dollar. At the time of writing, XAU/USD trades at $4,193, after hitting a daily high of $4,240.

Silver (XAG/USD) moves lower on Tuesday, trading around $57.50 at the time of writing, down 0.70% on the day. The white metal is easing after Monday’s solid upward move, as market participants trim exposure ahead of several key US macroeconomic releases.

According to Shanghai Metals Market, China's leading Copper smelters have agreed to cut production by more than 10% in the coming year.

The US closure of Venezuelan airspace over the weekend has escalated tensions, but Oil production remains largely unaffected.

November saw a record number of Ukrainian attacks on Russian energy targets, with drones hitting refineries and Black Sea tankers, reducing daily processing to around 5 million barrels.

OPEC+ reaffirmed its current production strategy, maintaining voluntary cuts through Q1 2026 while planning a new capacity-based quota system for 2027, Commerzbank's commodity analyst Barbara Lambrecht notes.

Gold (XAU/USD) edges lower on Tuesday as traders lock in some profits following Monday’s surge to six-week highs. At the time of writing, XAU/USD is trading near $4,197, down nearly 0.95% on the day.

Gold price (XAU/USD) is down 1% to near $4,180.00 during the European trading session on Tuesday. The yellow metal slumps after failing to hold above $4,200 as the US Dollar (USD) bounces back despite weak United States (US) ISM manufacturing Purchasing Managers’ Index (PMI) data for November.

West Texas Intermediate (WTI) US Oil trades around $59.20 on Tuesday at the time of writing, down 0.20% on the day.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $56.96 per troy ounce, down 1.66% from the $57.92 it cost on Monday.

West Texas Intermediate (WTI) Oil price is neutral on Tuesday, early in the European session. WTI trades at $59.32 per barrel, not far from its Monday close at $59.32.

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

Gold (XAU/USD) attracts some sellers during the Asian session on Tuesday and moves away from its highest level since October 20, around the $4,264-4,265 region, touched the previous day.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.25 during the Asian trading hours on Tuesday. The WTI edges slightly lower amid renewed US Dollar (USD) demand.

Gold price (XAU/USD) extends the rally to near $4,230 during the early Asian trading hours on Tuesday. The precious metal edges higher to a near six-week high amid growing expectations of US interest rate cuts. 

Gold (XAU/USD) extends its gains for the second consecutive trading session on Monday, up over 0.40% as money markets priced in a rate cut by the Federal Reserve (Fed) in the next week.