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

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on the previous day's strong move up and enters a bullish consolidation phase near a two-week high, touched during the Asian session this Wednesday.

Gold (XAU/USD) edges higher during the Asian session on Wednesday and, for now, seems to have snapped a two-day losing streak after falling to sub-$4,100 levels, or the weekly trough touched the previous day.

TradingKey - A partir da sessão asiática de 8 de julho, os preços do petróleo bruto WTI ( USOIL) subiram para cerca de US$ 72, recuperando-se significativamente das sessões de negociação anteriores. D

TradingKey - Após uma nova rodada de ataques ofensivos lançados pelas forças militares dos EUA contra o Irã, o mercado internacional de petróleo bruto reagiu rapidamente, com alta tanto no WTI ( USOIL

Silver (XAG/USD) trades with a negative bias for the third straight day and hovers around the $59.80 region during the Asian session on Wednesday.

West Texas Intermediate (WTI) oil price continues to advance after registering nearly 5% gains in the previous day, trading around $72.20 per barrel during the Asian hours on Wednesday.

Gold price (XAU/USD) loses ground to around $4,100 during the early Asian session on Wednesday. The precious metal faces new selling pressure after the US vows a response against Iran following reports of attacks on three oil tankers in and around the Strait of Hormuz.

The United States Treasury Department revoked the general licence authorizing Iranian Crude Oil sales on Tuesday, ending the shortest-lived sanctions relief of the ceasefire era hours after three tankers were struck in the Strait of Hormuz.

United States API Weekly Crude Oil Stock came in at -0.399M, above expectations (-1.5M) in July 3

TradingKey - Em 7 de julho, horário do leste, após os ataques do Irã a navios comerciais que transitavam pelo Estreito de Ormuz, o site oficial do Departamento do Tesouro dos EUA divulgou um documento

Silver price tumbles nearly 3% on Tuesday as market mood turns dismal due to heightened tensions in the Middle East, following attacks on two vessels in the Strait of Hormuz. At the time of writing, the XAG/USD trades at $60.26, after peaking at around $62.16.

Gold (XAU/USD) price retreats by 0.44% on Tuesday as the yellow metal fails to clear $4,200 amid rising US consumer inflation expectations and threats of a resumption of hostilities in the Middle East, following reports of attacks in the Strait of Hormuz.

West Texas Intermediate (WTI) crude Oil edges higher on Tuesday as fresh attacks near the Strait of Hormuz threaten the recovery in shipping seen in recent weeks following the interim US-Iran peace deal. At the time of writing, WTI is trading around $70.44, up about 2.65% on the day.

Silver (XAG/USD) extends its decline for a second consecutive day on Tuesday, trading around $60.70 at the time of writing, down 2.21% on the day.

Commerzbank’s Carsten Fritsch highlights a rapid recovery in Gulf oil production and exports following the US–Iran agreement, with Brent moving into contango and Saudi Arabia slashing its OSP for Asian buyers.

TradingKey - Em 7 de julho, horário do Leste, os conflitos geopolíticos escalaram mais uma vez, com dois confrontos militares consecutivos impulsionando uma recuperação nos preços do petróleo. Após o

TD Securities’ Ryan McKay argues that Crude Oil is far from oversupplied, with high-frequency global and Chinese balances still pointing to tightness.

Commerzbank’s Carsten Fritsch notes Gold fell to USD 4,120 per ounce after fresh Iranian attacks lifted TTF gas and Oil prices, but Fed rate expectations remain unchanged.

Geoff Yu reports that a Qatari LNG carrier was struck near the Strait of Hormuz, reviving security concerns and lifting European gas prices and Brent, WTI, Omani and Dubai crude benchmarks.

Gold (XAU/USD) stalls its recovery and trades on the back foot for a second consecutive day as a steady US Dollar (USD) and doubts over the Federal Reserve's (Fed) interest rate path keep the upside in check.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $60.95 per troy ounce, down 1.79% from the $62.06 it cost on Monday.

According to data from the People's Bank of China (PBoC), world’s second-largest economy China increases its Gold reserves again.

West Texas Intermediate (WTI), futures on NYMEX, trades 1% higher to near $69.40 during the European trading session on Tuesday.

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

Silver price (XAG/USD) is down 1.35% to near $61.00 during the Asian trading session on Tuesday.

TradingKey - A partir da sessão asiática de 7 de julho, os preços do ouro ( XAUUSD) oscilaram e enfraqueceram perto de US$ 4.140. Do ponto de vista técnico, os preços do ouro subiram por quatro dias c

West Texas Intermediate (WTI) oil price gains ground after registering modest losses in the previous day, trading around $69.20 per barrel during the Asian hours on Tuesday. Crude oil prices receive a temporary boost following renewed geopolitical tensions in the Strait of Hormuz.

Bloomberg carried a story by an Axios reporter late Monday, citing a US official, that Iran fired at least two missiles at commercial ships transiting through the Strait of Hormuz.  

Silver price retreats by over 1% on Monday, even as the Greenback and US Treasury yields edge lower, with the white metal threatening to drop below $60 for the first time this week. At the time of writing, the XAG/USD trades at $61.80, after peaking at around $63.28 earlier during the day,