Societe Generale’s commodities team has revised its Oil outlook, warning Brent could spike towards $150/bbl in a higher‑for‑longer scenario if the Strait of Hormuz is shut for two months.

Silver (XAG/USD) retreats from a four-day high, around mid-$73.00s touched earlier this Tuesday, though it sticks to positive bias for the third straight day. The white metal trades just above the $72.00 mark during the first half of the European session, up 3.0% for the day.

West Texas Intermediate (WTI) oil price halts its four-day winning streak, trading around $99.60 per barrel during the Asian hours on Tuesday. Crude oil prices weaken on growing speculation that US President Donald Trump could end the Iran conflict, easing fears of prolonged supply disruptions.

MUFG’s Senior Currency Analyst Michael Wan notes Brent and WTI have surged as energy shortages go global, with geopolitical risks around Iran and Red Sea shipping threatening key routes.

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

Silver price (XAG/USD) jumps 3% to near $73.00 in the Asian trading session on Tuesday.

West Texas Intermediate (WTI), futures on NYMEX, plunges over 3% to near $98.00 during the Asian trading session on Tuesday.

Gold (XAU/USD) price clings to solid gains of almost 1% on Monday as the US Dollar (USD) remains strong, while US Treasury yields decline, despite expectations that the Federal Reserve (Fed) will keep interest rates on hold in 2026.

West Texas Intermediate (WTI) US Crude Oil held above the $100 per barrel mark on Monday, trading in a wide intraday range that saw prices spike toward session highs near $101 before a sharp, short-lived dip back below $98.

National Bank of Canada’s (NBC) Angelo Katsoras outlines how an Iran conflict could severely disrupt Oil and gas markets if key energy infrastructure and the Strait of Hormuz are targeted.

Gold (XAU/USD) regains traction on Monday, reversing earlier intraday losses, as escalating tensions in the Middle East and shifting interest rate expectations keep markets volatile. At the time of writing, XAU/USD is trading around $4,576 after touching a low of $4,419 during the Asian session.

In an interview with Fox News on Monday, United States (US) Treasury Secretary Scott Bessent said that the Oil market is well supplied but added that any additional supply will be helpful, per Reuters.

ING’s Ewa Manthey and Warren Patterson note Aluminium has rallied after Iranian attacks damaged major producers EGA and Alba, compounding existing curtailments in Gulf capacity.

Gold (XAU/USD) reversal from early March highs at $5,420 seems to have found support at $4,100 last week, and the pair has been showing a moderate positive tone over the last few days.

OCBC strategists Sim Moh Siong and Christopher Wong describe Gold’s latest bounce as largely technical after a near 20% drawdown since the Iran conflict began.

Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $70.92 per troy ounce, up 1.46% from the $69.90 it cost on Friday.

Rabobank’s Senior Macro Strategist Stefan Koopman notes that Brent has risen to 115 dollars as the Iran war enters its fifth week, with markets focused on when oil flows through the Strait of Hormuz will resume and at what price Oil shifts from an inflation to a recession story.

The price of the US benchmark West Texas Intermediate Oil (WTI) has pulled back from three-week highs at $101.40 per barrel on Monday’s Asian session opening times, but downside attempts remain contained above $98.50, as US President Donald Trump maintains a mixed position on Iran.

Societe Generale analysts Michael Haigh, Ben Hoff and Jeremy Sellem argue that Brent now faces a higher-for-longer regime as the US–Israel–Iran confrontation delays the reopening of the Strait of Hormuz into April.

HSBC Asset Management notes that Gold has sold off sharply despite heightened geopolitical tensions and a stronger Dollar, behaving more like a risk asset in 2026.

Silver price (XAG/USD) trades almost 1% higher to near $70.50 during the early European trading session on Monday.

West Texas Intermediate (WTI) – the US oil benchmark – witnesses a fresh leg higher in early dealings on Monday, extending its winning streak into a fourth consecutive trading day.

Gold (XAU/USD) price rallies over 3% on Friday as dip buyers emerge, amid the conflict entering its fifth week of hostilities, with no signs of de-escalation, and as inflation pressures rise. At the time of writing, XAU/USD trades at $4,510 after bouncing off daily lows of $4,375.

Societe Generale’s Kunal Kundu analyses how the Iran conflict exposes India’s macro vulnerabilities through imported energy dependence and trade route risks. Kundu highlights broad spillovers from higher Oil and gas prices into the consumption basket and external balances.

United States Baker Hughes US Oil Rig Count down to 409 from previous 414

West Texas Intermediate (WTI) US Oil rises sharply and trades around $96.00 at the time of writing on Friday, up 3.55% on the day.

Thu Lan Nguyen at Commerzbank has revised Gold forecasts higher, now seeing USD 5,000 per ounce by end-2026 and USD 5,200 next year, despite a recent 15% drop.

Silver (XAG/USD) trades around $68.50 on Friday at the time of writing, up 0.59% on the day, supported by renewed investor interest. Despite this uptick, the white metal remains within a broadly sideways trend, as market participants stay cautious amid an uncertain macroeconomic environment.

Gold (XAU/USD) struggles to build on its gains on Friday as evolving geopolitical headlines surrounding the US-Israel war with Iran continue to drive volatility across global markets.

Gold price (XAU/USD) trades over 1% higher at around $4,450 during the European trading session on Friday.