Gold (XAU/USD) price drops over 1.37% on Wednesday as economic data from the United States (US) broadly aligned with estimates. Meanwhile, inflation remains close to the 4% threshold, increasing the likelihood of higher interest rates.

Crude Oil trades just above $82.00 and 1.78% higher on the session, which is not where it was heading.

ING Commodities Strategist Ewa Manthey analyses US aluminium policy and market structure, highlighting that Washington’s amended Section 232 tariffs aim to incentivize domestic smelting but will not quickly resolve the supply shortfall.

TD Securities’ commodity strategists Ryan McKay and Bart Melek note that heavy deal-related headlines around Iran and Oman are influencing energy markets, but they argue Crude Oil fundamentals remain tight.

Gold (XAU/USD) trades around $4,620 on Wednesday at the time of writing, down 0.83% on the day.

Gold (XAU/USD) edges lower on Wednesday as buyers trim their exposure ahead of the US Personal Consumption Expenditures (PCE) Price Index data, due at 12:30 GMT. At the time of writing, XAU/USD trades around $4,615 after reaching $4,697 on Tuesday, its highest since May 14.

Gold price (XAU/USD) is down 0.75% to near $4,620 during the European trading session on Wednesday.

Crude prices extend their reversal on Wednesday, with the US benchmark West Texas Intermediate (WTI) trading at the $79.50 area as of writing, highlighting a 9% decline from last week’s highs above $87.00.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $68.54 per troy ounce, down 0.16% from the $68.65 it cost on Tuesday.

TradingKey - Durante a sessão de negociação asiática de 26 de agosto, os contratos futuros de cobre para entrega em setembro na New York Mercantile Exchange (COMEX) avançaram 1,8%, para US$ 6,727 por

OCBC Bank strategists Sim Moh Siong and Christopher Wong note that improved prospects for shipping through the Strait of Hormuz and diplomatic developments involving Iran and Oman have eased supply concerns, pushing Brent crude below USD90/bbl.

Silver (XAG/USD) continues its struggle to make it through the $70.00 psychological mark and extends its two-way price moves through the first half of the European session on Wednesday.

ING analysts Warren Patterson and Ewa Manthey note that Oil prices are under renewed downward pressure, with ICE Brent breaking below $90/bbl as talks involving Iran, Oman and Pakistan on the Strait of Hormuz and the Middle East war progress.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – remains under some selling pressure for the third straight day and drops to a nearly two-week low during the Asian session on Wednesday.

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

Silver price (XAG/USD) is up almost 1% to near $69.40 during the Asian trading session on Wednesday.

Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, Bloomberg reported on Tuesday.

Gold price (XAU/USD) rises to around 4,670, the highest since May 14, during the early Asian session on Wednesday. The precious metal extends the rally amid a weaker US Dollar (USD) and as the US Treasury’s bond buyback plans.

The Russian agency RIA Novosti reported that Washington and Tehran agreed to a ceasefire, citing sources in Iran and Pakistan.

Silver price registers modest gains on Tuesday, after briefly breaching the 100-day Simple Moving Average (SMA) at $68.38, pushing the white metal to a three-day low of $67.43 before making a U-turn and turning bullish. The XAG/USD trades at $68.86, up 0.55%,

Gold price holds firm during the North American session as buyers fail to surpass the $4,700 level, exacerbating a retracement below a key psychological level, amid mixed US data and rising hopes for an end to the US-Iran conflict. XAU/USD traded at $4,641, down 0.2%.

TradingKey - Em 25 de agosto, no horário da Costa Leste dos EUA, os preços internacionais do petróleo caíram acentuadamente, com o petróleo WTI e o petróleo Brent recuando mais de 3%. Rich Privorotsky

West Texas Intermediate (WTI) Oil edges lower on Tuesday, extending its decline for a second straight day as traders look past Washington’s latest economic pressure on Iran.

Silver (XAG/USD) extends its decline on Tuesday and trades around $67.50 at the time of writing, down 1.43% on the day.

UOB’s Quek Ser Leang notes that Spot Gold remains in a broader uptrend after breaking above a key declining trendline and reaching an intraday high near $4,700.

Commerzbank’s Barbara Lambrecht notes Copper prices are rising again as ICSG data show a significant June deficit and a sharply reduced year‑to‑date surplus.

Commerzbank’s Carsten Fritsch reports that Gold has surged to a three‑month high near USD 4,700 per ounce as US–Canada tariff tensions escalate and concerns over US debt intensify. Silver and Platinum have also rallied.

Commerzbank’s Carsten Fritsch notes that softer-than-expected US sanctions on Iran have added to downward pressure on Oil prices despite severe disruptions to tanker traffic through the Strait of Hormuz.

West Texas Intermediate (WTI), futures on NYMEX, trade 3% lower at around $82.00 during the European trading session on Tuesday.

Gold (XAU/USD) loses ground on Tuesday after setting a fresh three-month high of $4,697 earlier in the Asian session. Traders appear to be booking some profits following the recent rally, which has pushed the Relative Strength Index (RSI) into overbought territory.