Gold eased to around $3,394 after recent gains, supported by safe-haven demand from ongoing trade tensions and Fed rate cut expectations, though some profit-taking emerged. Silver rose to $38.27, extending its weekly advance, buoyed by the same safe-haven flows despite a stronger dollar. Platinum stayed near $1,341, maintaining a solid yearly gain even with limited daily movement.

Brent crude settled near $66.35, hovering close to a one-month low as expectations of higher OPEC output and lingering trade tensions weighed on sentiment. WTI crude followed a similar trend, holding around $63.78 after a sharp weekly drop, while natural gas prices steadied near $3.08 despite weaker demand prospects.

The euro held at 1.1662, supported by optimism over possible Russia-Ukraine peace talks, while the pound strengthened to 1.3437 on improved risk sentiment. The dollar weakened against most majors on softer U.S. data and growing Fed cut bets, though USD/JPY stayed near 147.07 as BOJ policy signals remained mixed.

Take a look at today's analysis for more information.