West Texas Intermediate (WTI), futures on NYMEX, trade over 1% lower to near $93.10 during the early European trading session on Friday.
Gold prices rose in India on Friday, according to data compiled by FXStreet.
Silver price (XAG/USD) holds onto Thursday’s recovery move around $74 during the Asian trading session on Friday. The white metal recovered the previous day after revisiting the February low around $64.00.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.50 during the early Asian trading hours on Friday. The WTI price declines as the leaders of the US and Israel sought to reassure traders rattled by damage to major Persian Gulf energy facilities.
Gold price (XAU/USD) remains under selling pressure near $4,640 during the early Asian session on Friday. The precious metal extends the decline as soaring crude oil and energy prices, driven by the escalating US-Israeli war with Iran, reignite inflation fears.
Gold (XAU/USD) retreats more than 4.5% on Thursday as US Treasury yields rise amid investor concerns about high energy prices, while a solid US jobs report prompted traders to price out a rate cut in 2026, with expectations of the first move in 2027.
West Texas Intermediate (WTI) US Oil trades around $97.20 per barrel on Thursday, down 1.68% on the day after reaching an intraday high of $100.15, as markets balance improving supply conditions against escalating geopolitical risks.
According to Reuters, QatarEnergy’s CEO has confirmed significant damage to key facilities, taking around 17% of the country’s LNG exports offline, roughly 12.8 million tonnes per year, for what could be three to five years.
TD Securities’ Senior Commodity Strategist Daniel Ghali warns that Gold faces a challenging backdrop as Middle Eastern conflict strains official sector demand and Commodity Trading Advisors (CTA) keep selling.
Gold prices remain under heavy pressure on Thursday, breaking below the key $4,600 mark per troy ounce to hit fresh multi-month lows,,down for the seventh consecutive day.
Gold (XAU/USD) extends its decline on Thursday, slipping to over a one-month low as shifting near-term macroeconomic dynamics overshadow its traditional safe-haven appeal, despite heightened geopolitical tensions from the ongoing US-Israel war with Iran.
Gold (XAU/USD) has fallen sharply to its lowest level since early February, hovering around $4,680, pressured by a strong US Dollar (USD).
ING commodities strategists Warren Patterson and Ewa Manthey warn that missile damage at Qatar’s Ras Laffan Industrial City threatens a key LNG hub supplying nearly 20% of global trade.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $71.56 per troy ounce, down 4.97% from the $75.30 it cost on Wednesday.
Silver price (XAG/USD) plummets almost 6.5% to near $70 during the European trading session on Thursday. The white metal faces intense selling pressure as traders raise bets favoring an extended pause by the Federal Reserve (Fed).
Rabobank’s Senior Global Strategist Michael Every highlights that Brent and TTF prices have jumped as Israel, with US coordination, struck Iran’s largest gas field and Iran retaliated against GCC energy assets.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $96.00 during the early European trading hours on Thursday. The WTI price falls amid renewed US Dollar (USD) demand.
Silver price (XAG/USD) struggles to gain ground even after sliding to a fresh monthly low of $75.50 during the late Asian trading session on Thursday.
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold (XAU/USD) stages a modest recovery from the $4,800 mark, or the lowest level since February 6, touched during the Asian session on Thursday, amid a modest downtick in the US Dollar (USD).
Silver (XAG/USD) edges higher after showing some resilience below the $75.00 psychological mark and, for now, seems to have snapped a two-day losing streak to a one-month low, touched the previous day.
Gold price (XAU/USD) faces some selling pressure near $4,830 during the early Asian session on Thursday.
MUFG’s Senior Currency Analyst Michael Wan argues that Vietnam faces a stagflationary shock if Strait of Hormuz disruptions persist, with higher Oil and energy costs hitting growth and lifting inflation.
Gold remains pressured on Wednesday after the Federal Reserve delivered a hawkish hold, with most Fed officials expecting just one rate cut in 2026, contrary to market expectations at the beginning of the year, which priced nearly 60 basis points of easing in mid-February.
Gold (XAU/USD) tumbles by more than 2.20% on Wednesday as tensions in the Middle East rise and US inflation edges up, which could deter the Federal Reserve from easing policy. At the time of writing, the XAU/USD trades at $4,878 after hitting a daily high of $5,016.
West Texas Intermediate (WTI) US Oil trades around $97.50 at the time of writing on Wednesday, up 2.37% on the day, supported by persistent geopolitical risks despite some signs of easing supply concerns.
ING commodities strategists Warren Patterson and Ewa Manthey note that Copper prices have come under pressure following a sharp increase in exchange inventories. LME Copper stocks have risen to their highest level since 2019, driven by inflows into Taiwan and Baltimore.
A spokesperson for Qatar's foreign ministry said on Wednesday that Iran's South Pars gas field is an extension of Qatar's North Field, per Reuters.
Gold (XAU/USD) trades with a downside bias on Wednesday as the US Dollar (USD) steadies ahead of the Federal Reserve’s (Fed) interest rate decision due at 18:00 GMT.