Silver (XAG/USD) trades on the back foot on Friday as rising US Treasury yields outweigh support from a weaker US Dollar (USD). At the time of writing, XAG/USD trades around $57.50, down 2% on the day and on track to close July in negative territory.
West Texas Intermediate (WTI) US Oil trades higher on Friday, rising 0.76% to around $83.30 after staging a sharp rebound from an intraday low below $80.00.
Commerzbank’s Carsten Fritsch notes that gold briefly traded above USD 4,100 after the Fed meeting as markets pared back expectations of further rate hikes. Fed funds futures nevertheless continue to imply additional tightening, while persistent inflation is keeping those expectations alive.
Silver price (XAG/USD) is down 1.7% to near $58.00 during the European trading session on Friday. The white metal continues to decline throughout the day as United States (US) Treasury Yields have bounced back amid fears that inflationary pressures will remain elevated.
Gold (XAU/USD) edges lower on Friday as the US Dollar (USD) stabilizes following the previous day’s sharp sell-off, while hawkish Federal Reserve (Fed) expectations remain a key headwind for the non-yielding metal.
Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $58.08 per troy ounce, down 1.59% from the $59.02 it cost on Thursday.
ING’s commodities team reports that Gold demand was steady in 2Q 2026, with total demand flat year-on-year at 1,269 tonnes as strong central bank purchases balanced weaker ETF demand.
Oil prices are ticking lower for the second consecutive day on Friday, with the US benchmark West Texas Intermediate (WTI) barrel hitting session lows a few cents above $80.00.
ING analysts Warren Patterson and Ewa Manthey note that Oil prices have pulled back, with ICE Brent dropping below $90/bbl even as US–Iran tensions stay high.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $80.50 during the early European trading hours on Friday. WTI tumbles as traders book some profits despite ongoing conflicts in the Middle East.
Silver price (XAG/USD) is down almost 1% to near $58.40 during the Asian trading session on Friday. The white metal faces selling pressure as the US Dollar (USD) rebounds slightly, attempting to snap a three-day losing streak.
US President Donald Trump claimed his Board of Peace has reached an “historic agreement for the complete disarmament of Hamas and all other armed groups in Gaza,”the Guardian reported on Friday.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that the United States (US) will pay the price for killing Iranian civilians, Aljazeera reported on Thursday.
Saudi Arabia and 13 other countries announced the creation of an international coalition to safeguard freedom of navigation through the Bab al-Mandeb Strait, the Red Sea and the Gulf of Aden, Reuters reported on Thursday.
Gold price (XAU/USD) gains momentum to around $4,110 during the early Asian session on Friday. The precious metal edges higher as traders reduce their bets on interest rate hikes a day after Federal Reserve (Fed) Chair Kevin Warsh offered little clarity on policy.
Silver price advances for the second straight day and hits a three-day high above $59.00mid growing speculation of intervention in the foreign exchange markets, to boost the Yen, and weaken the Greenback.
Gold price advances some 0.92% on Thursday after the US Dollar drops following a suspected intervention in the foreign exchange markets, with the Japanese Yen hitting a near two-month high versus the Greenback. The XAU/USD trades at $4,100 after bouncing off the low of the day (LOD) at $4,028.
Crude Oil is lower on Thursday even as the war that sets its price reached a country it had spared for five months. WTI trades just above the $82.00 handle, down more than 1.5%, and Brent holds just above $86.50 with a near-identical loss after both gave back a chunk of Wednesday's rally.
Rabobank’s Florence Schmit highlights that TTF Natural Gas remains exposed to Strait of Hormuz disruptions and QatarEnergy’s extended force majeure.
TD Securities strategists explain that Gold has bounced after the Federal Open Market Committee (FOMC) left rates unchanged and Chair Warsh signaled tolerance for an inflation shock.
BNY’s Geoff Yu notes World Gold Council (WGC) data showing a sharp rebound in central bank Gold purchases to a record 289 tons in Q2, led by Poland and China, after a very weak Q1.
Gold (XAU/USD) remains trapped in its month-old $4,000-$4,200 range as the Federal Reserve’s (Fed) new era of limited forward guidance fails to shake the precious metal out of its sideways grind after policymakers left interest rates unchanged at 3.50%-3.75%.
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $57.79 per troy ounce, down 0.25% from the $57.94 it cost on Wednesday.
Silver price (XAG/USD) gives back its early gains and turns negative on Thursday. The white metal trades 0.7% lower at around $57.25 in the European trade after a positive start, which led to hitting an intraday high at $58.65.
Oil prices have risen about 7% over the last two days, pushing the price of the US benchmark West Texas Intermediate (WTI) barrel to levels above $84.00 on Thursday, up from the $77.16 lows seen earlier in the week.
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
The US Central Command (CENTCOM) began launching strikes against Iran late Wednesday, retaliating against Iranian missile attacks on American forces in the region, the Guardian reported.
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $82.80 during the early Asian trading hours on Thursday. WTI falls amid some profit-taking despite escalating conflicts in the Middle East.
Yemen’s Iran-backed Houthi rebels are considering imposing fees on commercial ships sailing through the southern Red Sea, Reuters reported on Wednesday. This development came a week after the Houthi declared a naval blockade on Saudi Arabia.
US President Donald Trump said that he will order heavy strikes on Iran in retaliation for its “surprise attack” on US forces overnight, Bloomberg reported on Wednesday.