Silver (XAG/USD) slides below mid-$57.00s during the Asian session on Wednesday, retreating further from the weekly top, around the $58.60 area, touched the previous day.
Gold (XAU/USD) hits a fresh weekly low during the Asian session on Wednesday, with bears still awaiting a sustained break and acceptance below the $4,100 mark before positioning for further losses.
West Texas Intermediate (WTI) oil price appreciates after two days of losses, trading around $98.60 during Asian hours on Wednesday. Crude oil prices gained ground as traders assessed mixed reports regarding diplomatic progress between the United States and Iran.
Iran's Foreign Minister Abbas Araghchi said that indirect negotiations with the United States (US) are continuing through intermediary countries, including Pakistan and Qatar, Reuters reported on Tuesday.
Gold price (XAU/USD) edges lower to near $4,120 during the early Asian session on Wednesday. The precious metal extends its decline as elevated oil prices raise concerns about persistent US inflation and the prospect that the Federal Reserve (Fed) could keep interest rates higher for longer.
Gold (XAU/USD) drifts lower on Tuesday even as US Treasury yields dive and the US Dollar weakens, with a light US economic docket mostly ignored by investors ahead of Federal Reserve’s (Fed) meeting next week. At the time of writing, XAU/USD trades at $4,122, down over 0.43%.
Silver (XAG/USD) rebounds on Tuesday, trading around $57.90 at the time of writing, up 1.35% on the day.
West Texas Intermediate (WTI) US Oil falls sharply on Tuesday, trading around $95.70 at the time of writing, down 2.36% on the day. The Crude Oil retreats after reaching a one-month high above $100 earlier in the day.
Gold (XAU/USD) drifts lower on Tuesday, extending losses for a third consecutive day as rising Oil prices linked to tensions in the Middle East keep global inflation risks tilted to the upside, reinforcing expectations that interest rates will remain higher for longer.
West Texas Intermediate (WTI), futures on NYMEX, trades 2.5% higher to near $100.50, the highest level seen in over a month. The oil price is little far from revisiting its almost five-month high of $102.11.
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $57.20 per troy ounce, up 0.19% from the $57.09 it cost on Monday.
Silver price (XAG/USD) trades 0.35% higher at around $57.30 during the European trading session on Tuesday. The white metal rises as United States (USD) Treasury Yields come under pressure after a sharp upside move the previous day.
ING strategists Warren Patterson and Ewa Manthey note that Oil and ICE Brent prices remain firmly supported around $110/bbl as markets focus on Middle Eastern supply risks. They highlight a significant risk premium driven by geopolitical volatility and record tanker freight rates.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $99.15 during the early European trading hours on Tuesday.
Gold prices remained broadly unchanged in India on Tuesday, according to data compiled by FXStreet.
West Texas Intermediate (WTI) oil price gains ground after registering modest loses in previous day, trading around $98.40 per barrel during Asian hours on Tuesday.
The US President Donald Trump administration has not approved the transfer of interceptor missiles to Ukraine, the Washington Post reported on Monday.
Gold price (XAU/USD) falls to around $4,135 during the early Asian session on Tuesday. The precious metal extends its downside as US bond yields stayed elevated despite falling energy prices.
Silver price (XAG/USD) drifts higher during Monday’s North American session, up 0.38%, exchanging hands at $57.21, yet it remains near last week's low of $55.38, an indication that the white metal could be poised for a bearish continuation in the near term.
Gold (XAU/USD) falls about 0.54% on Monday as the Greenback drifts higher and market mood shifts to neutral amid tensions in the Middle East, sparking a risein Oil prices, with West Texas Intermediate (WTI) bouncing off daily lows beneath $97 to $99.30.
Unconfirmed reports of new US strikes on Iran have turned WTI higher on the session, and it's on track for an eighth straight gain. It has climbed from a session low just above $96.50 to just above $99.00, its highest since September 16.
Silver (XAG/USD) trades around $57.20 on Monday, gaining 0.34% on the day at the time of writing.
A waiver of new Russia sanctions has WTI on track for its first losing session in eight, though the price hasn't left Friday's range. Friday's high just above $99.00 was the highest since mid-September.
Rabobank’s Global Daily notes Oil prices surged as reports of attacks on shipping in the Strait of Hormuz hit sentiment, before easing after President Trump waived Graham Act sanctions and tariffs on Russian energy. The analysts highlight that potential future sanctions on major buyers of Russian crude and gas could significantly disrupt trade and keep Oil volatility elevated.
Societe Generale analysts Michael Haigh and Jeremy Sellem say disruptions to Qatari LNG capacity and slower recovery of Gulf exports have delayed global gas-price convergence.
Commerzbank’s research team highlights that Brent and WTI have rallied on renewed Middle East and Russian supply risks, with Brent near USD110 and Oil up strongly year-to-date.
Gold (XAU/USD) struggles after opening the week higher. The US Dollar (USD) and US Treasury yields find some footing following last week’s pullback as traders assess the Federal Reserve’s (Fed) interest rate path and geopolitical developments.
Gold (XAU/USD) trades sideways on Monday with upside attempts capped below $4,200 and bears contained above the $4,150 area. Precious metals are drawing support from a moderately softer US Dollar, but the uptick in US Dollar yields limits rallies in an otherwise calm trading session.
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $57.53 per troy ounce, up 0.93% from the $57.00 it cost on Friday.
OCBC’s FX and commodities strategists highlight renewed Middle East supply risks that pushed oil prices higher despite strategic reserve releases. Brent briefly touched USD110/bbl as Iranian attacks on shipping and escalating Saudi-Houthi tensions raised concerns over key oil export routes.