Gold price (XAU/USD) gains momentum to near $4,065 during the early Asian session on Thursday. The precious metal rises over 3.60%, the biggest gain since mid-August, after Democrats swept the US midterm elections.

Silver price soars almost $3 US dollars, or close to 5.50%, on Wednesday as traders digest the results of the US midterm elections, which resulted in a Democratic sweep, aimed at being a counterweight to US President Donald Trump. The XAG/USD trades at $52.39 after jumping off daily lows of $48.96.

Gold (XAU/USD) rallied near 3% on Wednesday as the Greenback tumbled following the Democrats' sweep in the US midterm elections. Markets now look ahead to the release of October’s Nonfarm Payrolls data on Friday. The XAU/USD trades at $4,047, after bouncing off daily lows of $3,919.

TradingKey - Na quarta-feira, 4 de novembro, no horário do Leste dos EUA, os preços do petróleo bruto caíram acentuadamente, com o petróleo Brent (UKOIL) aproximando-se de US$ 93, em queda de mais de

West Texas Intermediate (WTI) slumps 9% on Wednesday, although the immediate trigger for the sharp decline remains unclear. The move could be linked to Democrats’ victory in the US midterm elections, which could put pressure on President Donald Trump to end the war with Iran.

Bitcoin (BTC) and Gold (XAU/USD) are gaining momentum on Wednesday, as bulls stage a comeback. BTC’s position above $80,000 signals a bullish turnaround, erasing sharp losses from the Binance hack, which impacted $6.3 billion.

Gold (XAU/USD) rallies on Wednesday, reclaiming $4,000 as the US midterm results set the stage for a divided government and raise the risk of political gridlock in Washington. At the time of writing, XAU/USD trades around $4,041, up 3% on the day.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $52.01 per troy ounce, up 4.71% from the $49.67 it cost on Tuesday.

West Texas Intermediate (WTI) depreciates after posting modest gains in the previous day, trading around $95.00 per barrel during European hours on Wednesday. Crude oil prices may appreciate as market caution emerges ahead of Washington's decision in the US-Israeli war on Iran.

Silver price (XAG/USD) surges almost 4% to near $51.85 in the European trade on Wednesday. The white metal rallies vertically after the outcome of United States (US) midterm elections, in which Democrats have won majority seats in both Houses of Federal law.

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

Iran's Islamic Revolutionary Guard Corps (IRGC) said on Wednesday that four oil ‌tankers were destroyed after hitting naval mines while trying to traverse a route described as prohibited south of the Strait of Hormuz, Reuters reported.

West Texas Intermediate (WTI) oil extends gains for the second successive day, trading around $96.10 per barrel during Asian hours on Wednesday. Crude oil prices gain as investors grappled with uncertainty surrounding ongoing peace negotiations between the US and Iran.

Gold price (XAU/USD) declines to near $3,930 during the early Asian session on Wednesday, pressured by a firmer US dollar (USD) and higher Treasury yields. Traders await the outcome of US midterm elections for fiscal policy clues.

Commerzbank’s commodity team highlights disappointing Chilean Copper output, leaving third‑quarter production at a two‑decade low. Cochilco now forecasts an 8.4% slump in 2026 output and only a modest 3% recovery in 2027. Strong US import demand offers support, but Copper prices have still fallen below USD 14,000 per ton amid broader risk aversion and tech‑stock selling.

Gold price (XAU/USD) falls on Tuesday as geopolitical tensions remain high in the Middle East, with Oil prices trimming their earlier losses, boosting the US Dollar's haven appeal due to their positive correlation. At the time of writing, XAU/USD trades at $3,926, down 0.45%.

Commerzbank notes that European gas (TTF) prices fell by up to 10% yesterday, from EUR 104 to EUR 93.5 per MWh, as hopes for a diplomatic resolution to the Iran conflict reduced the geopolitical risk premium. However, renewed US strikes on Iran have since pushed prices back toward EUR 100.

Commerzbank’s Carsten Fritsch notes that the Gold price dropped 3.7% on Friday to USD 3,870 per troy ounce, extending October’s loss to almost 7%.

Ryan McKay at TD Securities describes a precarious global Oil market where Middle East flows have returned to pre-war levels but logistics remain distorted, keeping a sizeable risk premium embedded.

United Overseas Bank’s (UOB) Quek Ser Leang notes that spot gold remains under pressure after breaking an ascending trendline on 22 October and falling below $3,943 to a one-year low near $3,870 on 30 October.

Gold (XAU/USD) loses momentum on Tuesday as Oil prices rebound after the Wall Street Journal (WSJ) reported a US strike on Iran’s Qeshm Island, dampening optimism over diplomatic efforts that had sent energy prices sharply lower the previous day.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $48.77 per troy ounce, down 3.39% from the $50.48 it cost on Monday.

Silver (XAG/USD) comes under renewed selling pressure on Tuesday, reversing the previous day's goodish recovery gains and dropping back closer to its lowest level since November 2025, touched last week.

Societe Generale analysts Michael Haigh and Jeremy Sellem argue that LNG shipping conditions are central to how maritime risk transmits into natural gas volatility. As Europe relies more on LNG imports and the United States on exports, freight costs, inventory adequacy and security of LNG trade routes become key drivers of implied volatility, especially during periods of heightened maritime disruptions.

ING commodities strategists Warren Patterson and Ewa Manthey say Gold rebounded 1.85% after last week’s sharp sell-off, helped by lower Oil prices and bargain hunting.

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some dip-buyers during the Asian session on Tuesday, reversing a part of the previous day's heavy losses to the $94.30 area, or an over two-week low.

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

Gold clings to previous day’s recovery around $3,945 in the Asian trade on Tuesday, as hopes of a deal between the United States (US) and Iran have kept oil prices under pressure. Still, the Gold price is close to its yearly low of $3,870.23 posted on Friday.

TradingKey - Na sessão asiática de terça-feira (3 de novembro), os preços do ouro (XAUUSD) operavam em níveis elevados após uma forte recuperação na sessão anterior, com a cotação mais recente negocia

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.30 during the early Asian trading hours on Tuesday. WTI recovers some lost ground after falling to $94.30, the lowest since 16 October, in the previous session.