Silver (XAG/USD) trades slightly lower on Wednesday, having trimmed earlier losses after finding support near the $38.00 handle. The metal came under pressure earlier in the session as a stronger US Dollar (USD) capped upside momentum.

United States EIA Crude Oil Stocks Change registered at -2.392M, below expectations (-2M) in August 22

Gold (XAU/USD) is trading on the back foot on Wednesday as the US Dollar (USD) regains strength and edges higher, despite political turmoil surrounding US President Donald Trump’s attempt to oust Federal Reserve (Fed) Governor Lisa Cook.

West Texas Intermediate (WTI), futures on NYMEX, trade cautiously near Tuesday’s low of $63.00 during the European trading session on Wednesday. The Oil price struggles to gain ground ahead of the United States (US) Oil inventories data for the week ending August 22.

Steel inventories at major Chinese Steel mills rose for a second consecutive week to 15.7mt in mid-August, up 4% compared to early August, according to the China Iron and Steel Association (CISA), ING’s commodity analysts Warren Patterson and Ewa Manthey note.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.

Oil prices were unable to extend their 4-day run of gains, with ICE Brent coming under pressure yesterday to settle 2.3% lower. There was no single catalyst for yesterday’s move.

Gold price (XAU/USD) depreciates after registering more than three-quarters of losses in the previous session, trading around $3,380 per troy ounce during the European hours on Wednesday.

West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $63.00 per barrel, down from Tuesday’s close at $63.16.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.58 after its previous daily close at $66.74.

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

United States API Weekly Crude Oil Stock up to -0.974M in August 22 from previous -2.4M

Gold stayed firm just under $3,400 per troy ounce on Tuesday, lifted by renewed weakness in the US Dollar (USD) and lingering doubts over the Fed’s independence after President Trump’s unprecedented attempt to fire Governor Lisa Cook.

Gold prices are climbing again, snapping Monday’s brief dip and pushing back toward the key $3,400 per ounce level.

Oil prices rose last week and also started the new trading week on a bullish note. Brent rose to $69 per barrel and WTI to $65 per barrel.

The price of Gold jumped by around $50 to just under $3,380 per troy ounce on Friday afternoon, Commerzbank's commodity analyst Carsten Fritsch notes.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.

Gold‘s rally from Monday’s lows at $3,350 has been capped on Tuesday after hitting fresh two-week highs at $3,385. The Precious metal has stalled below $3,380, as the US Dollar regains lost ground, following Fed Governour Lisa Cook’s rejection of President Trump’s calls to fire her.

Silver price (XAG/USD) recovers its early losses and trades 0.33% higher to near $38.80 during the European trading session on Tuesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI edges lower as traders assess the prospects of additional US tariffs on Russia.

West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $64.29 per barrel, down from Monday’s close at $64.62.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.87 after its previous daily close at $68.21.

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

Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $38.80 per troy ounce during the Asian hours on Tuesday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.60 during the early Asian trading hours on Tuesday. The WTI extends the rally due to a pause in negotiations for a peace deal between Russia and Ukraine.

Gold price holds firm at around $3,370 on Monday as the Greenback recovers some ground following Federal Reserve (Fed) Chair Jerome Powell's dovish tilt last Friday.

Silver (XAG/USD) is holding firm near a one-month high on Monday, consolidating the gains that followed a strong bullish breakout on Friday.

Gold (XAU/USD) kicks off the week on a softer footing, pulling back slightly after touching a two-week high on Friday following Federal Reserve (Fed) Chair Jerome Powell’s dovish remarks at the Jackson Hole Symposium, which fueled a broad rally in precious metals.

Crude Oil prices are trading higher for the fourth day in a row on Monday, testing prices above $64.00 level for the first time over the last two weeks, as market expectations of lower interest rates in the United States have raised hopes of higher demand.

Fading optimism over a Russia-Ukraine peace is providing support for European Gas prices, ING's commodity experts Ewa Manthey and Warren Patterson note.

Gold price (XAU/USD) holds onto gains near Friday’s high around $3,370.00 during the European trading session on Monday.

Gold jumped last Friday after USD and bond yields fell moved my Federal Reserve Chair Jerome Powell's words about an interest rate cut in September, ING’s commodity analysts Warren Patterson and Ewa Manthey note.