Gold price retreats on Thursday following the release of mixed data from the United States (US) and as traders brace for the Jackson Hole Symposium, waiting for the Federal Reserve’s (Fed) Chair Jerome Powell speech on Friday. The XAU/USD trades at $3,339, down 0.30%.

Silver (XAG/USD) extends its rebound for a second consecutive day on Thursday, although upside could be limited by a stronger US Dollar (USD) and firm Treasury yields.

Gold (XAU/USD) edges lower on Thursday, retreating modestly after Wednesday’s sharp rebound from three-week lows, as the metal failed to clear technical resistance near $3,350.

Gold price trades 0.6% lower to near $3,325.00 during the European trading session on Thursday.

Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.

Silver (XAG/USD) is posting moderate losses on Thursday, after having rallied about 1.35% on Wednesday. Bulls are struggling to find acceptance above the $38.00 level, with the US Dollar firming up ahead of the all-important Fed Powell speech at the annual Jackson Hole meeting.

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $63.03 per barrel, up from Wednesday’s close at $62.79.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $66.50 price posted on Wednesday, and trading at $66.73.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.00 during the early European trading hours on Thursday. The WTI climbs as US crude inventories fell more than expected.

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

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the early Asian trading hours on Thursday. The WTI edges higher as US crude oil inventories fall more than expected.

Gold prices are rising on Wednesday after US President Donald Trump continued to exert pressure on the Federal Reserve (Fed) as he demands Fed Governor Lisa Cook resign due to an investigation of mortgage fraud.

United States EIA Crude Oil Stocks Change below expectations (-1.3M) in August 15: Actual (-6.014M)

West Texas Intermediate (WTI) Crude Oil is trading with a slightly firmer tone on Tuesday, trading near $62.40 per barrel, as traders reacted to signs of progress in peace talks between Russia and Ukraine.

Gold (XAU/USD) is attempting a cautious rebound on Wednesday, trading around $3,330 during the European session after briefly falling to a three-week low of $3,311 in early Asian trade.

Silver price (XAG/USD) trades 0.6% lower to near $37.00 during the European trading session on Wednesday.

Gold  (XAU/USD) is trimming some losses on Wednesday, drawing support from the sour market sentiment. The precious metal has bounced from two-week lows right above $3,300, but remains capped below previous support at the $3,330 area, which leaves the broader bearish trend intact.

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.

West Texas Intermediate (WTI) Oil price recovers its recent losses from the previous session, trading around $62.30 per barrel during the early European hours on Wednesday.

Silver (XAG/USD) is trading lower for the fifth consecutive day on Wednesday.

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $62.14 per barrel, up from Tuesday’s close at $61.95.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.60 price posted on Tuesday, and trading at $65.80.

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 $62.05 during the early Asian trading hours on Wednesday. The WTI edges lower on the prospect of peace in Ukraine after the end of talks between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy. 

United States API Weekly Crude Oil Stock below expectations (-1.2M) in August 15: Actual (-2.4M)

Gold price tumbles on Tuesday as the Greenback extends its minimal gains for the second straight day, while geopolitical developments suggest that a positive outcome of the US President Trump meeting with Putin, Zelenskiy and European leaders could put an end to the ongoing war.

WTI Crude Oil remains under pressure on Tuesday, trading around $62.00 per barrel, as markets digested signs of de-escalation in the Russia-Ukraine conflict and positioned cautiously ahead of key macroeconomic events.

Gold (XAU/USD) is trading with a steady bias on Tuesday, recovering modestly from an overnight dip as investors digest Monday's White House summit between US President Donald Trump, Ukrainian President Volodymyr Zelenskyy, and key European leaders.

Gold  (XAU/USD) is trading with a moderate positive bias on Tuesday, trading at $3,340 area after bouncing from $3,325 lows earlier on the day.

As the figures for the 10 non-ferrous metals already indicated, refined Copper production in China continued to rise in July, Commerzbank's FX analyst Volkmar Baur notes.

The price of Gold reacted inconclusively yesterday to Friday's summit meeting between the US and Russian presidents in Alaska. The results of the talks that were made public remained too vague to indicate any progress in efforts to end the war in Ukraine.

Yesterday, the Chinese customs authority published detailed data on Oil product exports in July, Commerzbank's commodity analyst Carsten Fritsch notes.