Gold (XAU/USD) price makes a U-turn on Friday and trims some of Thursday’s losses, rising nearly 2% following the release of a softer-than-expected inflation report in the US, which increased speculation that the Federal Reserve (Fed) could lower rates.

United States Baker Hughes US Oil Rig Count declined to 409 from previous 412

Commerzbank’s Thu Lan Nguyen highlights that German gas storage is only about 25% full, far below past norms, but an outright shortage this winter is still seen as unlikely thanks to flexible LNG imports.

TD Securities strategists Ryan McKay and Daniel Ghali outline how rising Middle East tensions and Iran-focused scenarios could reshape Oil markets.

Commerzbank’s Commodity Research team highlights a sharp setback in Gold and Silver, with Gold briefly dropping to USD 4,900 per ounce before stabilizing near USD 5,000.

Gold (XAU/USD) attracts modest dip-buying interest on Friday after sliding to a near one-week low the previous day, breaking below the $5,000 psychological mark.

Commerzbank’s Commodity Research team notes that OPEC, EIA and IEA forecasts range from a balanced Oil market to significant oversupply in 2026.

Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $78.91 per troy ounce, up 5.52% from the $74.78 it cost on Thursday.

UOB Global Economics & Markets Research reports a steep selloff in Gold and other precious metals as AI-related risk aversion hit broader markets. They describe algorithmic trading and profit taking as factors behind the move, following a strong prior rally.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.50 during the early European trading hours on Friday. The WTI price attracts some sellers amid persistent oversupply concerns. 

Gold (XAU/USD) regains positive traction during the Asian session on Friday and recovers a part of the previous day's heavy losses to the $4,878-4,877 region, or the weekly low.

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

West Texas Intermediate (WTI) Oil price trades largely unchanged around $62.80 per barrel during the Asian session on Friday, after dropping more than 3% in the previous session. Crude Oil prices remain under pressure amid ongoing concerns about oversupply.

Gold price declines close to 2.7% on Thursday amid the lack of a clear catalyst, as US jobs data during the last couple of days was solid, despite of the number of Americans filing for unemployment benefits rose more than expected.

West Texas Intermediate (WTI) US Crude Oil took a fresh leg down on Thursday, bullied into the low end by a combination of the potential for a sharp pullback from US-Iran tensions, and growing scepticism about the potential for a sweeping 'demand wave' from China that energy conglomerates have been

Silver (XAG/USD) trades lower on Thursday, hovering around $82.85 at the time of writing, down 1.95% on the day. The white metal is correcting after posting a weekly high at $86.30, while the immediate bullish structure remains intact despite the current pullback.

ING’s Warren Patterson and Ewa Manthey say ICE Brent is supported with $70/bbl back in sight as uncertainty over Iran and OPEC+ output cuts offset a large US inventory build.

Gold (XAU/USD) is trading practically flat at the top of the weekly range on Thursday, with bulls capped right below February’s peak in the $5,100 area.

Gold (XAU/USD) holds in a narrow range on Thursday as stronger US employment data prompts traders to push back expectations for an early Federal Reserve (Fed) interest rate cut. At the time of writing, XAU/USD trades around $5,065, remaining confined to this week’s $5,000-$5,100 consolidation band.

The West Texas Intermediate (WTI) US Oil trades lower on Thursday, hovering around $64.15 at the time of writing, down 1.10% on the day. The Oil market is mainly reacting to the latest weekly US inventory data.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $83.98 per troy ounce, down 0.61% from the $84.50 it cost on Wednesday.

Deutsche Bank analysts note that Brent has extended gains as markets react to rising geopolitical risks around Iran and fresh comments from President Trump after his meeting with Israel’s Prime Minister.

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

West Texas Intermediate (WTI) Oil price edges lower after registering over 1% gains in the previous session, trading around $64.80 during the Asian hours on Thursday.

Silver (XAG/USD) attracts some sellers during the Asian session on Thursday and reverses a major part of the previous day's gains to the $86.30 area, or the weekly high.

Gold price (XAU/USD) trades in positive territory near $5,060 during the early Asian session on Thursday. The precious metal edges higher despite stronger-than-expected US employment data. The release of the US Consumer Price Index (CPI) inflation report will take center stage later on Friday. 

Gold (XAU/USD) price holds firm above $5,000 on Wednesday after the latest US jobs report exceeded forecasts, triggering a re-pricing for a less dovish than expected Federal Reserve (Fed) throughout the first semester of 2026. At the time of writing, XAU/USD trades at $5,054, up 0.61%.

West Texas Intermediate (WTI) crude oil surged above $65.00 per barrel on Wednesday, gaining over 1% as escalating US-Iran tensions continued to inject a geopolitical risk premium into energy markets.

Silver (XAG/USD) trades higher on Wednesday, hovering around $83.90 at the time of writing, up 3.65% on the day. The white metal maintains a constructive tone after absorbing the initial pressure triggered by the release of a solid US employment report, which briefly supported the US Dollar (USD).

United States EIA Crude Oil Stocks Change came in at 8.53M, above expectations (-0.2M) in February 6