Analysis

Crude Oil price steadies on Friday and tries to claim the $70 level after surging over 4.5% so far this week, fueled by fresh escalation between Russia and Ukraine.

Gold price (XAU/USD) prolongs its uptrend for the fifth consecutive day on Friday and climbs to a nearly two-week top, around the $2,690-2,691 area during the Asian session.

Silver price recovers mildly above $31.00 on heightened geopolitical tensions.

Gold prices advance for the fourth day, surpassing the 50-day SMA of $2,660 amid global unrest.

LONDON, Nov 21 (Reuters) - Oil prices climbed more than 2% on Thursday as Russia and Ukraine launched missiles at each other, overshadowing the impact of a bigger-than-expected increase in U.S. crude inventories.

Gold (XAU/USD) extends its recovery into a fourth day on Thursday, rising up into the $2,670s during the European session. An overall risk-off tone to markets due to disappointment at Nvidia’s results is weaning investors off stocks and catalyzing safe-haven flows into Gold. 

Silver's price retreats over 1.14% on Wednesday, yet it remains up 1.90% in the week as traders ditch the grey metal in favor of the Greenback.

Despite an escalation in the Russia-Ukraine war, there has been limited impact on oil prices. ICE Brent settled almost flat yesterday, even after Ukraine fired a US-made long-range missile into Russia for the first time.

Gold price (XAU/USD) attracts some follow-through buying for the third consecutive day on Wednesday and climbs to a one-and-half-week high, around the $2,641-2,642 region during the Asian session.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.30 on Wednesday. The WTI price trades flat after Ukraine used US ATACMS missiles to strike Russian territory for the first time. 

Gold price (XAU/USD) attracted some haven flows after posting its steepest weekly drop in more than three years last week and snapped a six-day losing streak on Monday amid heightened geopolitical tensions.

Gold price rallied over 1.80% at the beginning of the week and climbed above $2,600 after falling to a two-month low of $2,536.

Crude Oil price is trading below $68.00 on Monday, ticking up slightly following the escalation in the war between Russia and Ukraine over the weekend.

Gold price (XAU/USD) gains strong positive traction on Monday and reverses a part of last week's sharp decline to the lowest level since September 12.

The Gold price (XAU/USD) rebounds to near $2,570, snapping the six-day losing streak during the early Asian trading hours on Monday.

Silver price (XAG/USD) trades in negative territory around $30.35 on Friday during the early European session.

Investing.com -- Following Donald Trump's recent election victory, JPMorgan (NYSE:JPM)'s quantitative analysts anticipate potential upside for gold prices, with positive flows into gold ETFs and futures signaling sustained demand.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.40 on Friday.

Silver price (XAG/USD) extends its losses to two-month lows, trading around $29.90 per troy ounce during the European hours on Thursday.

Gold price (XAU/USD) attracts sellers for the fifth successive day and drops to its lowest level since September 19, around the $2,559-2,558 region during the Asian session on Thursday.