WTI surged over 6% on Thursday, blowing through $80 per barrel for the first time since June 2024 and extending one of the sharpest rallies in recent years.

Gold price erased the previous day's gains on Thursday, hitting a two-day low as precious metals are pressured by high US Treasury yields and a strong US Dollar, underpinned by solid US jobs data. At the time of writing, XAU/USD trades at $5,069, down more than 1.35%.

Silver (XAG/USD) trades lower on Thursday, falling toward $82.20 at the time of writing, down 1.18% on the day. The precious metal is under pressure as the US Dollar (USD) rebounds following the release of stronger-than-expected US economic data.

West Texas Intermediate (WTI), futures on NYMEX, are up 2% to near $76.00 during the European trading session on Thursday. The Oil price trades firmly but struggles to stabilize above the $76.00 hurdle due to signs of de-escalation in conflicts between the United States (US), Israel, and Iran.

Deutsche Bank analysts note that Brent Oil has stabilised after its strongest two‑day gain since 2020, but remains driven by fast‑moving geopolitical risks.

Silver prices (XAG/USD) rose on Thursday, according to FXStreet data. Silver trades at $84.52 per troy ounce, up 1.62% from the $83.18 it cost on Wednesday.

Danske Research Team notes that recent Middle East tensions have kept Oil in focus.

ING’s Warren Patterson and Ewa Manthey warn that European gas faces growing upside risks after President Putin signalled Russia could redirect gas away from the EU, just as global LNG flows from the Persian Gulf are disrupted.

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

Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day's broader range. The white metal holds above the $84.00 mark during the Asian session, up over 1% for the day.

Gold price (XAU/USD) holds positive ground near $5,145 during the early Asian session on Thursday. The precious metal edges higher on safe-haven demand from the US–Iran conflict. The US weekly Initial Jobless Claims report is due later on Thursday.

West Texas Intermediate (WTI) Crude Oil trims part of its intraday gains on Wednesday as traders assess geopolitical developments surrounding the US-Iran conflict. At the time of writing, WTI trades near $74.32 after briefly reaching a one-year high of $77.20 on Tuesday.

Gold price (XAU/USD) advances during the North American session on Wednesday, up by more than 1% after registering losses of close to 4.40% courtesy of broad US Dollar strength.

Silver (XAG/USD) advances on Wednesday, trading around $83.80 at the time of writing, up 1.60% on the day. The precious metal is rebounding after a steep correction seen over the previous two days, during which prices fell sharply amid broad liquidation across precious metals.

United States EIA Crude Oil Stocks Change came in at 3.475M, above expectations (2.2M) in February 27

Gold (XAU/USD) edges higher on Wednesday, recovering part of the previous day’s sharp decline as the US Dollar (USD) takes a breather after two days of solid gains. Meanwhile, ongoing geopolitical tensions surrounding the US-Iran war keep safe-haven demand in play, helping cushion the downside.

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data. Silver trades at $85.64 per troy ounce, up 3.84% from the $82.48 it cost on Tuesday.

West Texas Intermediate (WTI) US Crude Oil prices attract fresh buyers on Wednesday and climb back closer to the highest level since January 2025, touched the previous day.

Deutsche Bank analysts highlight that Brent and WTI Oil have seen their biggest two-day jump since 2020 as fears of a prolonged Middle East conflict and supply disruptions intensify.

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 $74.50 during the early Asian trading hours on Wednesday. The WTI jumps to its highest since June 2025 as a widening conflict between the US, Israel, and Iran severely disrupts global energy supplies. 

United States API Weekly Crude Oil Stock above forecasts (2.2M) in February 27: Actual (5.6M)

Gold (XAU/USD) drops more than 4% on Tuesday as high US Treasury yields weighed on the yellow metal, which usually works as a hedge amid global geopolitical uncertainty and conflicts.

Gold (XAU/USD) trades with a negative bias on Tuesday as a stronger US Dollar (USD) and rising US Treasury yields weigh on the non-yielding metal, even as geopolitical tensions surrounding the US-Iran conflict keep investors cautious.

Commerzbank’s Thu Lan Nguyen notes that Gold briefly surged above USD 5,400 per troy ounce yesterday, outperforming the Dollar and US Treasuries, before retreating back to Friday’s level.

Gold price (XAU/USD) trades 2.5% lower to near $5,180 during the European trading session on Tuesday. The yellow metal corrects after rising for four straight trading days. On Monday, the precious metal gained sharply as investors shifted to the safe-haven fleet amid the war in the Middle East.

Dutch TTF Natural Gas Futures for the April 2026 contract, the benchmark for European Natural Gas prices, are rallying sharply, trading around €59.62, up 33.97% on Tuesday at the time of writing, extending the price surge to more than 85% since Friday's close.

Danske Research Team highlights severe disruption to Oil and gas markets as conflict involving the United States, Israel and Iran escalates. Shipping through the Strait of Hormuz has stalled, stranding significant volumes and driving freight rates sharply higher.

Rabobank’s Molly Schwartz notes that Europe faces renewed energy security risks as Middle Eastern LNG reliability deteriorates following QatarEnergy’s production halt.

Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $84.81 per troy ounce, down 5.78% from the $90.01 it cost on Monday.