Silver (XAG/USD) falls on Friday and trades around $68.90 at the time of writing, down 6.74% on the day. The white metal is under heavy selling pressure after a stronger-than-expected US employment report boosted the US Dollar and reinforced expectations of a more restrictive Federal Reserve (Fed).

Commerzbank’s Norman Liebke and Carsten Fritsch highlight that Brent and European gas have risen on renewed US–Iran tensions, but price reactions are more muted as inventories and rerouted flows ease tightness.

TradingKey - Em 5 de junho, o Bureau of Labor Statistics dos EUA divulgou dados da folha de pagamento não agrícola (payroll) de maio que superaram significativamente as expectativas do mercado, indica

ING notes US natural gas futures have firmed on supportive storage data and recovering LNG export flows after maintenance.

ING analysts Warren Patterson and Ewa Manthey highlight that Oil is trading on expectations of resumed Persian Gulf flows, which they see as overly optimistic given stalled US-Iran talks.

Commerzbank, citing Metals Focus, notes that total Gold demand is forecast to fall 2% in 2026 as weaker jewelry demand and lower central bank buying offset stronger bar and coin investment.

Gold (XAU/USD) recovers part of its earlier losses on Friday as traders reposition ahead of the US Nonfarm Payrolls (NFP) report, due at 12:30 GMT. At the time of writing, XAU/USD is trading around $4,462 after hitting an intraday low of $4,428.

Silver price (XAG/USD) claws back half of its early losses in the European trading session on Friday, but is still 1.7% down to near $72.60. The white metal is expected to remain volatile, as the United States (US) Nonfarm Payrolls (NFP) data for May is scheduled to be published at 12:30 GMT.

Gold (XAU/USD) nurses moderate losses on Friday, trading just above $4,460 at the time of writing, after failing to confirm a move above $4,500 on Thursday.

Gold (XAU/USD) trades around $4,463 on Friday at the time of writing, down 0.26% on the day, as investors reduce exposure ahead of the release of the US May employment report.

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $72.87 per troy ounce, down 1.37% from the $73.89 it cost on Thursday.

Deutsche Bank strategists highlight that Brent Oil has reversed recent gains as hopes grow for a US-Iran deal, easing stagflation concerns and pulling inflation expectations lower. They note declines in both spot and 6‑month Brent futures alongside softer US and Euro inflation swaps.

Commerzbank analysts argue that persistent geopolitical tensions in the Persian Gulf will keep Oil near $100, with restricted Strait of Hormuz traffic driving volatility.

TradingKey - Em 5 de junho, horário do leste (ET), a prata ( XAGUSD) teve seus preços sob pressão de baixa intradiária devido ao impasse nas negociações entre os EUA e o Irã, caindo brevemente para ce

Rabobank’s Senior Market Strategist Benjamin Picton stresses that Oil markets remain in focus as Brent futures fell sharply even with the Strait of Hormuz effectively closed in their baseline.

ING’s commodities team reports that Gold rebounded nearly 2%, briefly topping $4,500/oz, as a tentative Israel-Lebanon ceasefire reduced immediate geopolitical risk, before easing when Hezbollah rejected the deal.

West Texas Intermediate (WTI), futures on NYMEX, trades flat at around $91.00 during the early European trading session on Friday. The oil price consolidates even as the United States (US)-brokered ceasefire between Israel and Lebanon is proving to be fragile due to continued attacks between them.

Citing two people familiar with the matter, Reuters reported on Friday that Oman’s Mina al Fahal terminal has halted crude oil loading, following an explosion near its single-buoy mooring (SBM) berths.

Silver price (XAG/USD) is down 2% to near $72.40 during the Asian trading session on Friday.

US President Donald Trump said that he would be “honored” to meet Iranian Supreme Leader Ayatollah Mojtaba Khamenei if a deal is reached to end the U.S.-Iran war, CNBC reported on Thursday.

West Texas Intermediate (WTI) Crude Oil slips nearly 3% on Thursday as market sentiment improves following a ceasefire agreement between Israel and Lebanon. At the time of writing, WTI trades around $91 per barrel, snapping a three-day winning streak.

Gold (XAU/USD) rises over 1% on Thursday as Oil prices slide, easing inflationary pressures, while market sentiment is upbeat amid speculation of a resolution to the US-Iran conflict. The XAU/USD pair trades at $4,483 after bouncing off daily lows of $4,424.

TradingKey - Em 4 de junho, Israel e o Líbano chegaram oficialmente a um acordo de cessar-fogo na quinta-feira. Somado aos sinais positivos de Trump de que as negociações entre EUA e Irã poderiam ter

Bob Savage highlights that the OECD now sees the Middle East conflict as the main driver of the global outlook, with surging energy and input prices lifting inflation and weighing on growth.

Silver (XAG/USD) climbs more than 2% on Thursday as a ceasefire agreement between Israel and Lebanon weighs on the US Dollar (USD). At the time of writing, XAG/USD is trading around $74.80, but remains stuck within a familiar range between $72-$78 that has held since mid-May.

Gold (XAU/USD) climbs modestly as the US Dollar (USD) weakens in the wake of a ceasefire between Israel and Lebanon brokered by the United States. At the time of writing, XAU/USD is trading around $4,497, up 1.40% on the day.

Gold (XAU/USD) trades higher on Thursday and has reached session highs above $4,490, after bouncing from $4,425 lows earlier on the day.

West Texas Intermediate (WTI), futures on NYMEX, trades in a tight range around $93.20 during the European trading session on Thursday. The oil price consolidates as negotiations between the United States (US) and Iran towards a permanent peace deal are going nowhere.

ING analysts Warren Patterson and Ewa Manthey note that Oil prices remain closely linked to Middle East developments, with flows through the Strait of Hormuz still disrupted.

TradingKey - Em 4 de junho (horário do leste), em meio às oscilações contínuas na situação entre os EUA e o Irã, os preços do ouro ( XAUUSD) apresentaram recentemente uma tendência de queda e, à medid