Crude Oil trades near $85.00 and 2.5% higher on the session, after American forces struck two Iranian rocket launchers on Larak Island and Tehran answered with missile and drone attacks on two air bases in Jordan.

Silver (XAG/USD) rebounds on Monday and trades around $66.70 at the time of writing, up 0.40% on the day. The main obstacle to a stronger recovery in Silver remains the shift in expectations surrounding the Federal Reserve’s (Fed) monetary policy.

BNY’s Wee Khoon Chong notes Oil prices are underpinned by renewed U.S.–Iran tensions near the Strait of Hormuz and President Trump’s claim of a deal granting U.S. majority control over Venezuela’s vast reserves.

Gold (XAU/USD) steadies on Monday after opening the week lower and briefly falling below $4,400, its lowest level since August 19, during Asian trading hours. However, the metal lacks strong upside momentum as hawkish Federal Reserve (Fed) expectations keep buyers cautious.

Gold (XAU/USD) shows marginal gains on Monday, with price action hovering around $4.450 at the time of writing yet unable to take off from last week’s lows in the $4,400 area after depreciating more than 4% late last week.

Crude prices rally on Monday, with the US benchmark West Texas Intermediate (WTI) trading at $85.50 per barrel at the time of writing, more than 3% up on the day so far, drawing close to one-month highs, at $87.38.

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $67.10 per troy ounce, up 1.04% from the $66.40 it cost on Friday.

Silver price (XAG/USD) is up 1% to near $67.00 during the European trading session on Monday. The white metal bounces back after a weak opening near $65.67, with investors shifting their focus to the United States (US) Nonfarm Payrolls (NFP) data for August on Friday.

ING’s commodities team, led by Warren Patterson and Ewa Manthey, reports that Gold came under pressure after Federal Reserve Chair Kevin Warsh reinforced a higher-for-longer rates narrative, supporting the Dollar.

ING analysts Warren Patterson and Ewa Manthey note that oil prices, including ICE Brent, started the week stronger after US strikes on Iran raised concerns over Persian Gulf supply.

TradingKey - Até a sessão asiática de 31 de agosto, os preços internacionais do petróleo subiram com força, com o petróleo Brent (UKOIL) voltando a superar US$ 90, enquanto os preços do ouro (XAUUSD)

West Texas Intermediate (WTI) rebounds and continues its intraday gains, trading around $84.40 per barrel during the Asian hours on Monday.

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

West Texas Intermediate (WTI) declines after opening at a bullish gap, remaining in positive territory and trading around $83.60 per barrel during the Asian hours on Monday.

United States Baker Hughes US Oil Rig Count dipped from previous 452 to 447

TradingKey - Em 28 de agosto ET, o ouro à vista (XAUUSD) despencou cerca de 3%, caindo abaixo da marca de US$ 4.500 para atingir uma nova mínima desde 20 de agosto. O principal catalisador foi um sina

Silver price makes a U-turn after reaching a two-month high of $71.12, then dives below the $69.00 figure as Fed Chair Kevin Warsh leaned hawkish in his Jackson Hole speech, pushing US Treasury yields higher. Consequently, the white metal edged lower, as XAG/USD trades at $66.76, down 3.60%.

Gold price drops over 0.42% on Friday as Fed Chair Kevin Warsh confirms the Fed is focused on tackling inflation, pushing the US Dollar and US Treasury yields higher, while money markets have begun to price in a potential rate hike in 2026.

Geoff Yu at BNY highlights that Middle East tensions and constrained traffic through the Strait of Hormuz are keeping key energy supply routes at risk.

Gold (XAU/USD) trades practically flat for the second consecutive day on Friday, with the rejection from three-month highs near $4,700 hit earlier in the week contained at a previous resistance area, just below $4,600.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $70.41 per troy ounce, up 1.68% from the $69.25 it cost on Thursday.

Rabobank Senior Macro Strategist Bas van Geffen says the US-Iran stalemate and disruption in the Strait of Hormuz are keeping oil-driven inflation risks elevated.

Gold (XAU/USD) extends its gains for the second successive day, trading around $4,610 during the European hours on Friday. The price of the precious metal is remaining within the ascending channel pattern, suggesting a persistent bullish bias.

TradingKey - Em 28 de agosto, pelo horário da Costa Leste dos EUA, os preços internacionais da prata deram continuidade ao seu forte movimento de alta recente, com a prata à vista (XAGUSD) superando b

West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $82.20 during the European hours on Friday. The technical analysis of the daily chart indicates that the spot is remaining within the ascending channel, suggesting that the primary trend is upward.

ING’s Warren Patterson and Ewa Manthey note Brent Oil prices have recovered, with ICE Brent up 2.1% as prospects for renewed US-Iran talks fade and flows through the Strait of Hormuz gradually increase.

OCBC’s Christopher Wong remains constructive on Gold, but says the rebound looks increasingly mature as firmer inflation lifts yields and the USD. Jackson Hole is the immediate macro test, with resistance at 4700–4769 and support at 4574, followed by 4520.

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

Crude Oil trades near $83.50 on Thursday, ahead 2.52% and more than $3.00 above a session low just above $80.00 printed at 07:00 GMT.

Gold (XAU/USD) drifts higher on Thursday, up 0.25% after US jobs data was solid, while the trade deficit widened the most since US President Donald Trump's “Liberation Day.” Also, falling US Treasury yields and muted price action as investors eye Federal Reserve (Fed) Chair Kevin Warsh's speech keep