Copper futures are trading near $5.50 per pound on Friday, slipping from Tuesday’s high of $5.70 on the daily timeframe.

Gold price rallies nearly 1% on Friday as the market mood shifts sour on controversial trade policies imposed by US President Donald Trump on Canada and threatening to broaden duties to other countries and Copper.

West Texas Intermediate (WTI) Crude Oil prices are holding firm above $67.00 on Friday as traders digest a shift in the fundamental landscape.

United States Baker Hughes US Oil Rig Count: 424 vs previous 425

A few days ago, the World Gold Council published data on Gold ETF holdings for June, Commerzbank's commodity analyst Carsten Fritsch notes.

OPEC+ is likely to increase oil production again in September and then take a pause, according to Bloomberg, citing delegates familiar with the matter.

According to Bloomberg data, Russia's seaborne crude oil exports fell to an average of 3.12 million barrels per day in the past four weeks, Commerzbank's commodity analyst Carsten Fritsch notes.

The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, Commerzbank's commodity analyst Carsten Fritsch notes.

Silver (XAG/USD) is trading at a fresh YTD high on Friday as tariff threats and market uncertainty drive demand for safe-haven assets.

Gold (XAU/USD) price surged on Friday, trading above $3,340 at the time of writing, as trade tensions and safe-haven demand have overshadowed rising US yields. 

US natural gas futures surged after the EIA reported a smaller-than-expected inventory build, with storage rising just 53bcf versus forecasts of 62bcf.

Gold price (XAU/USD) extends its winning streak for the third trading day on Friday.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data.

West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $65.82 per barrel, down from Thursday’s close at $65.89.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.27 after its previous daily close at $68.29.

Silver (XAG/USD) trades with a positive bias for the second straight day and tests the top end of a multi-week-old range during the Asian session on Friday. The white metal currently trades around the $37.20 region, up 0.40% for the day.

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.75 during the early Asian trading hours on Friday. The WTI price tumbles amid concerns about a supply hike for August by OPEC+, a surprise increase in US crude inventories, and intensifying US tariff pressures.

Gold price (XAU/USD) remained firm during Thursday’s North American session as the US Dollar remained solid following the release of robust jobs data, along with uncertainty about the latest tariffs imposed by Washington.

Global inventory systems are fragmenting, and this is a nascent megatheme, TDS' Senior Commodity Strategist Daniel Ghali notes.

West Texas Intermediate (WTI) Crude Oil is trading lower on Thursday, falling back below the $67.00 mark as markets react to renewed supply concerns and softening demand expectations.

Gold (XAU/USD) is ticking up slightly on Thursday, benefiting from escalating global trade tensions as recent tariff announcements from US President Trump have rekindled investors' appetite for bullion as a traditional safe-haven asset.

Gold (XAU/USD) found buyers right below the $3,300 level on Wednesday to regain some of the ground lost over the previous days.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data.

West Texas Intermediate (WTI) Oil price extends its winning streak for the fourth consecutive day, trading around $67.40 per barrel during the early European hours on Thursday.

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday’s close at $67.32.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.61 price posted on Wednesday, and trading at $69.67.

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.15 during the early Asian trading hours on Thursday. The WTI price loses ground amid concerns over weakening demand following a surprise increase in US crude inventories. 

Gold price registers decent gains on Wednesday as US Treasury yields recede, even though the Greenback trades solidly against its peers. Trade developments continued to dictate the market’s direction, while the latest minutes indicate that officials are still considering a rate cut in 2025.

WTI Crude Oil is trading higher on Wednesday as attacks in the Red Sea overshadow reports of rising supply.

United States EIA Crude Oil Stocks Change registered at 7.07M above expectations (-2M) in July 4