Gold prices advance over 1% on Monday, as geopolitical risks rise due to the escalation of the conflict in the Middle East that sparked an attack from the US and Israel on Iran. At the time of writing, XAU/USD trades at $5,341 after hitting a one-month high of $5,419 earlier in the day.
ING Commodities Strategist Ewa Manthey notes that LME aluminium prices have jumped to a one‑month high as Middle East tensions revive supply concerns. She argues that risks are focused on regional physical premiums, especially in Europe and the US, rather than a broad tightening of global supply.
OCBC strategists Sim Moh Siong and Christopher Wong note that Gold is drawing a safe‑haven bid as weekend strikes raise geopolitical risk premia. They see risks skewed to the upside, with resistance at 5,440 and 5,500 and support at 5,149 and 5,013.
BNY's Head of Markets Macro Strategy Bob Savage highlights how Middle East tensions and a Saudi refinery hit have driven Oil prices 7–10% higher, with European gas also surging. He notes that Saudi ports still load tankers and OPEC+ plans output increases.
Gold (XAU/USD) opens the week with a bullish gap amid escalating geopolitical tensions in the Middle East, with the US-Iran war triggering a fresh wave of safe-haven demand. At the time of writing, XAU/USD trades around $5,386, marking its highest level in over one month.
Silver (XAG/USD) trades around $95.30 at the time of writing on Monday, rising 1.68% on the day.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $95.59 per troy ounce, up 1.90% from the $93.81 it cost on Friday.
MUFG’s Lee Hardman highlights that Brent briefly spiked above USD 82 before slipping back under USD 80 as traders assess Middle East supply risks.
ING’s commodities strategists Ewa Manthey and Warren Patterson say Gold is pushing higher as markets react to escalating tensions between the US, Israel and Iran.
West Texas Intermediate (WTI) US Crude Oil prices trim a part of strong intraday gains to levels beyond the $73.00 mark, or the highest since June 2025, touched this Monday in reaction to a dramatic escalation of geopolitical tensions in the Middle East.
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold (XAU/USD) retreats from the $5,400 neighborhood, or its highest level since late January, touched during the Asian session on Monday, though it manages to hold above the $5,300 round figure. The commodity currently trades below the mid-$5,300s, still up over 1.0% for the day.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.65 during the early European trading hours on Friday. The WTI jumps to its highest since June 2025 after joint military strikes by the US and Israel against Iran over the weekend.
West Texas Intermediate (WTI) opened the week on Monday with a massive gap of over 5%, accelerating its upside to break through the critical $72 mark.
Gold is on fire at the start of the week, a widely expected move, as investors seek harbor in the traditional store of value, following the continued US and Israel attacks on Iran.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) said on Sunday that they will boost production of crude as US and Israeli forces launched a major attack on Iran and the country responded with retaliatory strikes against Israel and US military installations around the Gul
A red-hot inflation report in the United States and rising tensions between the latter and Iran pushed Gold price higher on Friday, past the $5,260 figure, posting solid gains of over 1.20%.
MUFG’s Senior Currency Analyst Lloyd Chan highlights that an escalation in US–Iran tensions could trigger an Oil price shock, reviving global inflation and hurting Asia’s net Oil importers.
Silver price (XAG/USD) extends its gains for the third consecutive day after the latest inflation report in the United States prompted investors to seek the safety of the white metal, while the Greenback remained firm. At the time of writing, XAG/USD trades near $91.39 up close to 3%.
Commerzbank’s Carsten Fritsch expects OPEC+ to only slightly increase Oil production from April, with Russia underproducing and Kazakhstan constrained, so a modest quota hike should not pressure prices.
Citing an email from Israel Ambassador Mike Huckabee, NBC News reported that some embassy staff were told that they could leave Israel and that they need to do so quickly.
Commerzbank’s Thu Lan Nguyen and Carsten Fritsch note that Gold has stabilized around USD 5,200 per troy ounce, supported by political uncertainty over US tariffs and the US–Iran conflict. ETF inflows underline safe-haven demand, while high prices are curbing physical buying in India.
Gold (XAU/USD) consolidates with mild losses on Friday, as momentum stalls within this week’s established range.
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $89.64 per troy ounce, up 0.90% from the $88.84 it cost on Thursday.
Deutsche Bank strategists describe a volatile session for Brent Oil as conflicting signals from US-Iran nuclear talks in Geneva triggered a near 5% intraday range.
Silver price (XAG/USD) is up 2.4% to near $90.60 during the European trading session on Friday. The white metal strengthens as escalating concerns over valuations of Artificial Intelligence (AI) stocks have prompted demand for safe-haven assets.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early European trading hours on Friday. The WTI price edges higher on the day, but heads for a weekly decline after the United States (US) and Iran extended nuclear talks.
ING’s Commodities Strategist Ewa Manthey argues that despite recent consolidation after January’s sharp move, the Gold rally is not finished.
Gold prices fell in India on Friday, according to data compiled by FXStreet.