Gold (XAU/USD) registers losses of over 0.70% on Friday as traders take profits, as in the last two weeks, data in the US has shown the labor market is not as weaker as expected.

United States Baker Hughes US Oil Rig Count came in at 410, above forecasts (407)

West Texas Intermediate (WTI) US Oil trades around $59.80 per barrel on Friday at the time of writing, up 1.60% on the day.

OPEC+ production fell short of targets by 720,000 bpd in December, with Russia and Kazakhstan contributing most to the shortfall amid ongoing disruptions.

The US Energy Information Administration forecasts US Crude production to remain near 13.6 million bpd in 2026, with a gradual decline next year due to weaker drilling activity amid low Oil prices.

China imported a record volume of Crude Oil in December and across 2025, driven by higher refinery runs and aggressive stockpiling, Commerzbank's commodity analyst Carsten Fritsch notes.

Silver (XAG/USD) trades around $89.70 on Friday at the time of writing, down 2.50% on the day, extending the corrective move that began after reaching record highs earlier in the week.

Gold (XAU/USD) remains rangebound on Friday, after surging to a fresh all-time high near $4,643 earlier this week, driven by geopolitical tensions and concerns over the Federal Reserve’s (Fed) independence.

TradingKey - Since the start of 2026, the global metals market has sustained its "opening rally," with most commodities trending sharply higher. Gold , silver, copper, tin, and other major varieties h

European Gas prices jumped more than 4.2%, with TTF climbing back above €33/MWh, driven by forecasts for another cold snap across the continent, ING's commodity experts Ewa Manthey and Warren Patterson note.

After five days of gains, oil prices came under significant pressure yesterday, with ICE Brent settling 4.15% lower. The sell-off came as the US avoided taking immediate action against Iran amid ongoing protests in the country, ING's commodity experts Ewa Manthey and Warren Patterson note.

Gold treads water around $4.600 after failure to break record highs, at $4,640

TradingKey - On Thursday, Nov. 14 (ET), reports emerged that oil and gas company Coterra Energy is exploring a potential merger with Devon Energy. If the two companies reach an agreement, the deal wou

Silver recovered overnight after a sharp pullback driven by profit-taking following a rapid year-to-date surge of more than 25%. Silver last seen at 91.29 levels, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.

Oil prices fell sharply after reaching a two-month peak, as easing geopolitical tensions and comments from President Trump reduced fears of imminent disruption to Iranian supply, prompting a market pullback, OCBC's FX analysts Sim Moh Siong and Christopher Wong note.

Silver prices (XAG/USD) fell on Friday, according to FXStreet data. Silver trades at $91.50 per troy ounce, down 0.51% from the $91.97 it cost on Thursday.

West Texas Intermediate (WTI) Oil price moves little after two days of more than 3% losses, trading around $58.80 during the Asian hours on Friday. WTI price faces challenges as geopolitical risk premiums faded following easing fears of a possible US military strike on Iran.

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

Silver price (XAG/USD) trades over 2% lower to near $90.40 during the Asian trading session on Friday. The white metal struggles to extend its rally after posting a fresh all-time high near $93.90 on Wednesday.

Gold (XAU/USD) extends its losses for the second successive session, trading around $4,590 on Friday. The prices of precious metals, including Gold, fall amid decreasing safe-haven demand as geopolitical risks in Iran temporarily ease.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.10 during the Asian trading hours on Friday. The WTI price recovers some lost ground, snapping the two-day losing streak, as traders assess the geopolitical situation in the Middle East. 

Gold price (XAU/USD) tumbles to near $4,605 during the early Asian session on Friday. The precious metal edges lower as the US Initial Jobless Claims data boost the ‌US Dollar. The US December Industrial Production report will be published later on Friday.

Gold prices retreat on Thursday amid a de-escalation of US President Donald Trump’s rhetoric over Iran. Also, solid jobs data in the US prompted investors to trim Federal Reserve (Fed) rate cut bets. At the time of writing, XAU/USD trades at $4,609.

West Texas Intermediate (WTI) edges lower on Thursday, giving back this week’s gains as geopolitical risk premiums fade after US President Donald Trump softened his rhetoric on Iran, easing fears of imminent military action.

Silver (XAG/USD) trades around $91.70 per ounce on Thursday at the time of writing, down 1.70% on the day, after having reached a new all-time high close to $94 earlier in the day. The white metal is correcting from recent record levels amid profit-taking and a partial retreat in safe-haven demand.

West Texas Intermediate (WTI) US Oil retreats for a second consecutive day and trades around $59.20 per barrel on Thursday at the time of writing, down 1.60% on the day. Crude Oil prices remain under pressure as concerns about a potential US military action against Iran gradually fade.

Gold (XAU/USD) holds firm above the $4,600 psychological mark on Thursday after coming under modest pressure earlier in the day, as traders book mild profits following Wednesday’s surge to a fresh record peak near $4,643.

Gold’s (XAU/USD) reversal from all-time highs found buyers near $4,580 on Thursday, before returning to levels past $4,600 during the European trading session.

Silver has rallied more than 25% since the start of 2026, extending the powerful uptrend that began in mid-2025.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $89.60 per troy ounce, down 3.95% from the $93.29 it cost on Wednesday.