Gold (XAU/USD) prints back-to-back days of gains, up over 0.50% as the US Dollar extends its losses amid Japan’s intervention in the market, while news that Iran submitted a new proposal drove oil prices lower.

United States Baker Hughes US Oil Rig Count up to 408 from previous 407

West Texas Intermediate (WTI) crude Oil eases on Friday, trimming part of the strong gains registered earlier this week as renewed diplomatic efforts to end the US-Iran war lift market sentiment.

Silver (XAG/USD) trades around $76.00 on Friday at the time of writing, up 3.05% on the day, supported by renewed demand despite a macroeconomic backdrop that remains challenging for non-yielding assets.

Gold (XAU/USD) edges lower on Friday, heading for a second straight weekly decline as higher-for-longer interest rate expectations continue to dominate price action amid rising inflation concerns driven by elevated Oil prices.

West Texas Intermediate (WTI), futures on NYMEX, trades calmly around $102.25 during the European trading session on Friday. The Oil price has turned flat after an almost two-week-long rally hit a pause near $107.35 on Thursday.

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $73.20 per troy ounce, down 0.76% from the $73.76 it cost on Thursday.

Silver price (XAG/USD) trades flat at around $73.70 during the European trading session on Friday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $102.40 during the early European trading hours on Friday. The WTI price edges lower amid a stronger US Dollar (USD).

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

Gold (XAU/USD) struggles to build on the previous day's move higher and oscillates in a narrow band during the Asian session on Friday. The commodity manages to hold comfortably above the $4,600 mark, though it remains on track for a second straight weekly decline.

Silver (XAG/USD) trades with a positive bias for the second straight day on Friday, though it struggles to capitalize on modest Asian session gains to levels just above the $75.00 psychological mark.

West Texas Intermediate (WTI) oil price inches higher after registering 2.7% losses in the previous day, trading around $102.40 per barrel during the Asian hours on Friday.

US President Donald Trump complained about congressional efforts aimed at limiting his war powers, the latest of which the Senate rejected this afternoon. Trump was expected to hear about updated military options for Iran from Pentagon officials on Friday, CNN reported on Thursday.

Gold price (XAU/USD) edges higher to near $4,630 during the early Asian session on Friday. The precious metal extends the rally as renewed tensions in the Middle East have prompted traders to return to a safe-haven asset. 

West Texas Intermediate (WTI) declines on Thursday, trading around $101.45 at the time of writing, down 3.70% on the day after three consecutive days of gains. Despite this technical pullback, US Crude remains above the psychological $100 level, reflecting a market that is still under strain.

Silver (XAG/USD) moves higher on Thursday, trading around $73.40 at the time of writing, up 2.81% on the day, after undergoing a marked pullback in recent weeks. This technical rebound comes as the white metal attempts to stabilize following the rejection near the $80 threshold in mid-April.

US President Donald Trump is exploring options to end the Strait of Hormuz shutdown, according to an official who spoke anonymously to the Associated Press.

Gold (XAU/USD) edges higher on Thursday, recovering from the one-month low of $4,510 seen the previous day. The modest rebound comes as the US Dollar (USD) weakens after Tokyo ramps up FX intervention warnings.

Commerzbank’s strategists report that Gold has faced pressure from higher Oil prices and shifting US rate expectations, even briefly dipping below USD 4,500.

BNY’s Bob Savage points out that Gold is gaining alongside Steel as Brent Oil surges to multi‑year highs and Middle East tensions intensify. Elevated energy costs are feeding directly into Euro area and French inflation, while producer prices in several economies show renewed momentum.

Gold (XAU/USD) is trading higher following a three-day sell-off on Thursday.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $73.36 per troy ounce, up 2.83% from the $71.34 it cost on Wednesday.

West Texas Intermediate (WTI), futures on NYMEX, gives up its early gains after posting a fresh over seven-week high at around $107.35 and flattens to near $104.85 during the European trading session on Thursday.

OCBC strategists Sim Moh Siong and Christopher Wong report that Silver has extended its pullback toward USD71/oz after a failed break above USD80 in mid-April, with higher Brent, hawkish rate repricing and a firmer US Dollar (USD) weighing on non-yielding metals.

ING analysts Warren Patterson and Ewa Manthey report Copper trading near recent highs, supported by pre-holiday restocking in China ahead of Labour Day.

Silver price (XAG/USD) is up 1.5% to near $72.35 during the European trading session on Thursday. The white metal gains ground after posting a fresh three-week low at $70.86 on Wednesday.

Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.

Silver (XAG/USD) attracts some buyers during the Asian session on Thursday and reverses a part of the previous day's losses to the $70.85 region, or over a three-week low. The white metal climbs further beyond the $72.00 mark in the last hour, though the upside potential seems limited.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $104.90 during the early Asian trading hours on Thursday.