Gold (XAU/USD) price rallies nearly 3% on Wednesday amid growing speculation of an end to the Iran war, weighing on the Greenback and pushing US Treasury yields lower. At the time of writing, XAU/USD trades at $4,681 after bouncing off daily highs of $4,723.

Coinbase (COIN) announced on Wednesday that Gold (XAU) and Silver (XAG) perpetual futures contracts have been listed for trading. The offering, which will be available around the clock to both institutional and retail traders, is available to eligible non-US traders.

West Texas Intermediate (WTI) US Oil tumbles on Wednesday, trading around $92.30 at the time of writing, down 7.62% on the day as investors rapidly unwind geopolitical risk premiums following reports of a potential agreement between Washington and Tehran.

Silver (XAG/USD) gains traction on Wednesday as renewed optimism surrounding a potential US-Iran peace deal triggers a sharp decline in the US Dollar (USD) and Oil prices. At the time of writing, XAG/USD is trading around 77, up over 5.50% on the day.

United States EIA Crude Oil Stocks Change came in at -2.314M, above forecasts (-2.8M) in May 1

Gold (XAU/USD) rallies on Wednesday as the US Dollar (USD) and Oil prices tumble on hopes that the United States and Iran could reach a deal to end the war in the Middle East.

Silver (XAG/USD) price rallies midweek and gains more than 6% on the day, trading near $77.50.

West Texas Intermediate (WTI) US Oil falls sharply on Wednesday and trades around $91.00 at the time of writing, posting an 8.91% daily decline as markets rapidly reassess geopolitical risks in the Middle East following reports from Axios suggesting major progress between the United States (US) and

ING’s Warren Patterson and Ewa Manthey note Copper has edged higher, with LME prices back above $13,000/t as markets gauge the durability of the US-Iran ceasefire.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $76.78 per troy ounce, up 5.42% from the $72.83 it cost on Tuesday.

According to ING’s Warren Patterson and Ewa Manthey, Gold has risen as the US-Iran ceasefire holds, easing fears of broader conflict while preserving some safe-haven demand.

MUFG’s Michael Wan notes that Brent Oil has fallen below US$110 per barrel as President Trump pauses a US-led effort to help ships exit the Strait of Hormuz while talks with Iran continue.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some follow-through sellers for the second straight day and drops to a one-week low during the Asian session on Wednesday.

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $97.50 during the early Asian trading hours on Wednesday. The WTI price falls amid easing tensions in the Middle East.

US Secretary of Defense Pete Hegseth said that the US-Iran ceasefire "certainly holds" for now, Bloomberg reported on Tuesday.

Gold price (XAU/USD) trades in positive territory near $4,575 during the early Asian session on Wednesday. The precious metal edges higher as markets weigh developments in the Iran war. Traders will keep an eye on the US ADP Employment Change report, which is due later on Wednesday. 

United States API Weekly Crude Oil Stock came in at -8.1M, below expectations (-2.8M) in May 1

Gold (XAU/USD) advances nearly 1% on Tuesday as a fragile ceasefire between the US and Iran improves risk appetite, with Wall Street trading higher. At the time of writing, XAU/USD trades at $4,560 after bouncing off one-month lows of $4,500.

Silver (XAG/USD) trades lower on Tuesday, hovering around $73.05 at the time of writing, down 0.65% on the day, as the white metal struggles to gain traction despite a modest pullback in the US Dollar (USD).

ING’s Warren Patterson and Ewa Manthey report that European gas benchmark TTF has climbed to its highest level since early April following renewed tensions in the Persian Gulf.

Commerzbank’s Barbara Lambrecht notes that since the Iran war began, Oil has been the main driver of Gold, via inflation and rate expectations. Gold briefly stabilized near USD 4,600 per ounce before slipping below USD 4,550 on stronger US data and higher Oil.

Bob Savage at BNY emphasizes that investors are using traffic through the Strait of Hormuz as a key gauge of energy risk, with ceasefire doubts keeping volatility high. A potential U.S.

Gold (XAU/USD) steadies on Tuesday but lacks upside momentum as higher-for-longer interest rate expectations rise following renewed escalation in the Middle East, which continues to fuel energy-driven inflation concerns.

UBS's Chief Economist Paul Donovan notes that Oil markets showed a muted reaction to reports of US–Iran exchanges in the Gulf, as investors had already discounted earlier US optimism and focused on Iranian comments.

Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $73.70 per troy ounce, up 0.24% from the $73.52 it cost on Monday.

Danske Research Team underlines that escalating US–Iran tensions in the Strait of Hormuz are sustaining volatility in Oil markets. Brent crude trades over 110 USD/bbl, reflecting persistent supply concerns.

West Texas Intermediate (WTI) trades around $101.10 on Tuesday, down 1.26% at the time of writing, after posting strong gains the previous day amid escalating geopolitical tensions in the Middle East.

Iran's Parliament Speaker Mohammad Bagher Ghalibaf said on Tuesday that a "new equation" is solidifying in the Strait of Hormuz, blaming the US and allies for jeopardizing energy transit by violating a ceasefire and imposing a blockade.

ING strategists Warren Patterson and Ewa Manthey say Gold has extended its decline, trading near $4,500/oz as higher US Treasury yields and a stronger US Dollar (USD) weigh on non-yielding assets.