Brent crude futures were up $2.01, or 2.05%, at $99.93 a barrel by 0802 GMT, after earlier touching $100.19, while US West Texas Intermediate crude was up $1.49, or 1.60%, at $94.52 a barrel
Gold had risen sharply in August, supported by higher investment and hedging demand, along with continued buying by central banks, including China's central bank
Brent crude futures were up $2.00, or 2.06%, at $99.00 a barrel by 0800 GMT while US West Texas Intermediate crude was at $94.41 a barrel, up $2.93, or 3.2%.
In the global market, gold was trading near $4,480 per ounce on Comex, while silver was around $67.60 per ounce
The industrial metal rose for a fourth day on the London Metal Exchange, touching an all-time peak of $14,617 a ton
Crude oil shipments from West Asia producers are at about 11 million barrels per day (bpd) now, from 18 million bpd before the Iran war began seven months ago
Brent crude futures climbed 52 cents, or 0.54%, to $96.80 a barrel by 2354 GMT while US West Texas Intermediate crude was at $92.14 a barrel, up 66 cents, or 0.72%
Mirae Asset Sharekhan believes that the crude oil market balance is likely to remain in deficit through 2026.
Mirae Asset Sharekhan said dovish Fed commentary has eased downside pressure on silver, but high China inventories, subdued LBMA lease rates and weak ETF flows remain concerns.
Mirae Asset ShareKhan's Praveen Singh said that gold's key support levels are at $4,450, $4,358, and $4,300-4,330, while resistance is seen at $4,533, $4,575, and $4,650.
Brent crude fell 0.45% to $95.20 a barrel while WTI slipped 0.26% to $90.77 as investors weighed the risk of renewed US-Iran strikes disrupting West Asian supplies
Brent crude rose 0.6% to $91.05 a barrel as renewed US-Iran fighting raised concerns over supply from the Middle East, the world's key oil-producing region
Brent crude futures climbed $2.51, or 2.85 per cent, to $90.61 a barrel as of 0241 GMT while US West Texas Intermediate crude was at $85.53, up $2.13, or 2.55 per cent
Bullion markets enter September after a sharp weekly correction, with traders watching US labour data, Fed rate expectations and geopolitical tensions for the next price cues
Brent crude futures were down 25 cents, or 0.3%, to $89.45 a barrel while West Texas Intermediate crude futures fell 22 cents, also 0.3%, to $83.31
In the global market, gold was trading near $4,700 per ounce on Comex, while silver was around $69 per ounce
Brent crude futures fell $1.78, or 2.0%, to $86.80 a barrel by 0027 GMT, while US West Texas Intermediate crude futures were down $1.49, or 1.8%, at $80.87
In the global market, gold was trading near $4,680 per ounce on Comex, while silver was around $67.80 per ounce
Brent crude futures were down 9 cents, or 0.1%, at $92.16 by 0104 GMT, while US West Texas Intermediate crude was up 1 cent at $85.02 a barrel
Spot gold was up 0.9 per cent at $4,643.63 per ounce, as of 0644 GMT, the highest level since mid May. Prices gained more than 5 per cent last week