Gold price (XAU/USD) recovers some lost ground around $4,660 during the early Asian session on Friday. However, the potential upside for the precious metal might be limited as the prospects of US rate cuts have largely faded.

Gold (XAU/USD) retreats by some 0.25% during the North American session on Thursday as tensions in the Middle East remain high, while the US-China summit is underway, with President Donald Trump meeting Chinese President Xi Jinping. At the time of writing, the XAU/USD pair trades at $4,678.

Silver (XAG/USD) trades lower on Thursday, falling 3.20% to around $84.70 at the time of writing as investors take profits after the metal’s recent rally.

TD Securities’ Senior Commodity Strategist Ryan McKay argues the recent easing in the Oil market is temporary, warning that Brent could still reach $150/bbl or higher if supply risks materialize.

Gold (XAU/USD) holds firm on Thursday, remaining confined within a week-old trading range as investors closely monitor a high-stakes meeting between US President Donald Trump and Chinese President Xi Jinping, while US-Iran negotiations remain in limbo.

OCBC strategist Christopher Wong describes Silver’s recent surge toward USD87–88/oz as driven mainly by technical momentum. He notes industrial metals are also better bid and that softer US–China rhetoric could support Silver further.

West Texas Intermediate (WTI) trades around $97.30 at the time of writing on Thursday, up 0.34%, in a trading day marked by elevated volatility.

Gold (XAU/USD) is trading flat on a particularly calm market session on Thursday, with investors awaiting developments from a two-day summit between US President Donald Trump and his Chinese counterpart, Xi Jinping, in Beijing.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $87.08 per troy ounce, down 0.49% from the $87.51 it cost on Wednesday.

ING's commodities strategists Warren Patterson and Ewa Manthey report that India, a key Gold consumer, has sharply increased import tariffs on Gold and Silver to support the rupee and foreign exchange reserves as the Iran conflict continues.

Silver price (XAG/USD) trades calmly near $87 during the European trading session on Thursday. The white metal turns sideways after failing to extend its almost two-month-long advance above $90.00 on Wednesday.

ING's commodities strategists Warren Patterson and Ewa Manthey highlights that Copper is trading above $14,000/t and close to record highs as supply-side risks dominate. They stress tight refined markets, low inventories outside the US, and heightened sensitivity to demand.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $96.70 during the early European trading hours on Thursday.

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

West Texas Intermediate (WTI) crude oil price continues to slide for a second straight day, trading near $96.80 per barrel during Asian market hours on Thursday.

Gold price (XAU/USD) trades in positive territory near $4,700 during the early Asian session on Thursday. The precious metal edges higher as markets turn cautious ahead of the US President Donald Trump-Chinese President Xi Jinping summit in Beijing.

Gold (XAU/USD) price edges lower during Wednesday’s session following another high inflation print in the US: input prices for producers, which hit their highest level in four years. At the time of writing, the XAU/USD pair trades at $4,699, down some 0.30%.

West Texas Intermediate (WTI) crude Oil fluctuates with minor losses on Wednesday, though prices remain supported by fears that disruptions through the Strait of Hormuz may persist longer than expected as US-Iran negotiations remain at an impasse.

Silver (XAG/USD) advances on Wednesday and trades around $88.65 at the time of writing, up 2.40% on the day. The white metal remains supported by strong Asian demand, despite the rebound in the US Dollar (USD) and higher US Treasury yields, which generally limit the appeal of non-yielding assets.

United States EIA Crude Oil Stocks Change below forecasts (-2.1M) in May 8: Actual (-4.306M)

Gold (XAU/USD) consolidates minor losses on Wednesday as the US Dollar (USD) extends its recovery amid persistent uncertainty over US-Iran talks and growing expectations that the Federal Reserve (Fed) could keep interest rates higher for longer.

Gold (XAU/USD) ticks lower for the second consecutive day on Wednesday, but remains steady, halfway through the weekly trading range, trading a few pips below $4,700 at the time of writing.

ING economists Gerben Hieminga and Rico Luman argue that the Middle East conflict and closure of the Strait of Hormuz have sharply lifted oil-based bunker costs, improving LNG’s relative appeal.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $86.28 per troy ounce, down 0.34% from the $86.57 it cost on Tuesday.

Rabobank’s Senior Macro Strategist Bas van Geffen notes that concerns over the Middle East and the closure of the Strait of Hormuz have pushed Oil prices higher, with Dated Brent moving above $111.

According to the International Energy Agency (IEA), the world oil supply to fall by 3.9 million barrels per day (bpd) in 2026 assuming the oil flows from the Strait of Hormuz, a critical passage to almost 20% of global energy supply, will gradually resume from June (prev. forecast 1.5 million bpd fa

West Texas Intermediate (WTI), futures on NYMEX, corrects to near $97.20 during the European trading session on Wednesday. The Oil price gives back some of its recent gains as escalating hawkish Federal Reserve (Fed) bets have raised concerns over the oil demand outlook.

Silver price (XAG/USD) trades firmly near $87.00 in the early European trade on Wednesday. Earlier in the day, the white metal posted a fresh two-month high of $87.82.

Gold (XAU/USD) trades with a negative bias for the second straight day on Wednesday, although it manages to hold above a multi-day low, around the $4,638 region, touched the previous day.

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