Rabobank highlights that a 60‑day US–Iran memorandum of understanding has reduced immediate risks to the global economy by keeping the Strait of Hormuz open, though ship crossings remain limited.

Silver price (XAG/USD) loses ground for the third successive day, trading around $64.70 per troy ounce during the European hours on Friday. Silver price remains under pressure as persistent concerns over inflation and high interest rates are revived by mounting oil supply anxieties.

Deutsche Bank reports that Brent Oil initially fell after the US‑Iran memorandum of understanding, as investors faded war‑related economic fears, before reversing to close slightly higher near $79.85.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the overnight bounce from the $72.80 region, or the lowest level since early March, and oscillates in a narrow band during the Asian session on Friday.

Gold (XAU/USD) attracts sellers for the third straight day on Friday and weakens further below the $4,200 mark, hitting a fresh weekly low during the Asian session.

Silver price (XAG/USD) extends its losses for the third successive day, trading around $64.40 per troy ounce during the Asian hours on Friday. Silver prices fall as the traders price in the hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook.

West Texas Intermediate (WTI) oil price edges lower during Friday's Asian trading hours, slipping to around $75.10 per barrel and reversing the modest gains recorded in the previous session.

Gold price (XAU/USD) loses ground to near $4,210 during the early Asian session on Friday. The precious metal extends the decline after the US Federal Reserve (Fed) held interest rates steady in the June policy meeting but signaled rate hikes could come this year. 

Gold (XAU/USD) price recoils by 0.70% on Thursday as traders continue to digest the Federal Reserve's (Fed) hawkish tilt, bolstering the Greenback and pushing it to a new year-to-date (YTD) high, a headwind for the yellow metal. The XAU/USD pair trades at $4,223 after reaching a high of $4,330.

United States Baker Hughes US Oil Rig Count unchanged at 433

West Texas Intermediate (WTI) Oil declines to around $73.20 at the time of writing on Thursday, down 2.35% on the day, and hits its lowest level in three months as investors continue to price in the prospect of a lasting easing of tensions in the Middle East.

Silver (XAG/USD) advances toward $68.10 on Thursday, up 1.05% on the day at the time of writing.

Gold (XAU/USD) shows marginal gains on Thursday, but remains close to weekly lows at $4,220.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $68.29 per troy ounce, up 1.34% from the $67.39 it cost on Wednesday.

Crude Oil prices drift lower on Thursday, weighed by hopes of a US-Iran peace agreement and the reopening of the key Strait of Hormuz. The price of the US benchmark West Texas Intermediate (WTI) barrel hit a three-month low of $73.36 on Thursday, on track for a more than 10% weekly decline.

Deutsche Bank notes that the hawkish Fed repricing and stronger Dollar pressured Gold prices. The bank points out that risk assets sold off after the FOMC, with Gold declining alongside Bitcoin as 2‑year Treasury yields surged.

Gold (XAU/USD) attracts fresh buyers on Thursday and climbs back above the $4,300 mark during the Asian session as the US-Iran peace deal prompts some US Dollar (USD) profit-taking.

West Texas Intermediate (WTI) oil price edges higher after five days of losses, trading around $75.10 per barrel during the Asian hours on Thursday. Crude oil prices gain ground despite easing Middle East tensions and supply concerns.

Gold price (XAU/USD) tumbles to around $4,280 during the early Asian session on Thursday. The precious metal faces some selling pressure after the US Federal Reserve (Fed) decided to hold its benchmark interest rate steady but signaled a hike in borrowing costs later this year. 

Gold price holds gains as the Federal Reserve keeps rates steady at 3.50% to 3.75% on Wednesday, while the Summary of Economic Projections (SEP) shows policymakers expect inflation above the 3% threshold. At the time of writing, the XAU/USD trades volatily within the $4,330-$4,280 range.

Gold (XAU/USD) price rises 0.77% on Wednesday as traders await the Federal Reserve’s (Fed) monetary policy decision, the first one led by Kevin Warsh, in which the central bank is expected to keep rates steady amid the jump in inflation sparked by the Iran war.

West Texas Intermediate (WTI) trades around $75.70 on Wednesday at the time of writing, posting a loss of 0.22% on the day.

United States EIA Crude Oil Stocks Change came in at -8.262M below forecasts (-4.6M) in June 12

Gold (XAU/USD) trades around $4,332.60 on Wednesday at the time of writing, little changed on the day, as investors remain cautious ahead of the Federal Reserve’s (Fed) monetary policy decision.

Societe Generale analysts Jitesh Kumar and Jeremy Sellem note that Brent Oil prices are normalizing following the US-Iran deal, but highlight differing adjustments across spot, volatility and option skew.

UOB Global Economics & Markets Research highlights that Gold advanced as expectations for another Fed hike this year eased following an interim US-Iran peace deal that pushed Oil and inflation expectations lower.

Silver (XAG/USD) trades around $69.85 on Wednesday at the time of writing, down 0.25% on the day. Traders remain cautious ahead of the Federal Reserve’s (Fed) policy decision later in the day, which could provide fresh guidance on the outlook for US interest rates.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $69.70 per troy ounce, down 0.47% from the $70.03 it cost on Tuesday.

MUFG’s Derek Halpenny underlines that Brent Oil falling below USD 80 and a roughly 30% drop in crude over a month have significantly reduced perceived near-term inflation risks from energy.

West Texas Intermediate (WTI) oil price remains subdued for the fifth successive day, trading around $75.60 per barrel during the European hours on Wednesday. Crude oil prices declined as investors weighed the impact of an upcoming United States (US)-Iran peace deal.