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[MARKET ANALYSIS] Gold and silver rebounded from an early dip

The rebound in gold and silver prices, following an early dip, suggests a temporary shift in sentiment among traders, potentially influenced by ongoing geopolitical considerations, particularly the upcoming US-Iran talks.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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WTI/Brent: WTI Mar'26 -0.5% / Brent Apr'26 -0.5%

  • Oil prices are lacklustre after retreating yesterday alongside the sell-off in risk assets and with participants looking ahead to US-Iran talks scheduled in Oman.

Gold: -0.5%

  • Declined in early Asia-Pac trade alongside a 9% slump in silver prices, but then staged a recovery with both returning to near-flat territory.

Copper: -1.9%

  • Remains subdued following a 2-day losing streak and global risk-off mood.
Context

While oil prices remain weak amid a broader risk-off environment, the recovery in precious metals could indicate traders are seeking safe-haven assets amidst uncertainty.

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