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Gold: The yellow metal is trading marginally lower in the international market as Gold spot prices traded around $4,749 per ounce, down 0.5%. Meanwhile, Silver traded 1.8% lower at $74.1 per ounce in the US markets. Gold prices are trading lower as investors stayed cautious as a temporary ceasefire between the US and Iran eased immediate supply shock fears but failed to fully calm markets. Crude oil: International crude oil spot prices rebounded today, with Brent Futures trading around $97 per barrel, up 3.0%, while WTI Crude traded 3.1% higher, around $97. Oil prices climbed on Thursday after suffering steep losses in the previous session, as disruptions in the Strait of Hormuz continued to impact oil supply. Oil vessel movement through the Strait of Hormuz remains restricted despite a temporary ceasefire. Technical outlook MCX Gold traded with a positive bias today, inching higher towards ₹1,51,800-₹1,52,000 levels. The structure continues to show gradual recovery with higher lows, suggesting accumulation after the recent dip. However, the upside remains capped near the ₹1,52,700 resistance zone. A decisive breakout above this level can trigger fresh bullish momentum, while immediate support is placed near ₹1,50,000 followed by ₹1,48,000. Silver witnessed a mild recovery today, gaining traction towards the ₹2,36,000-₹2,37,000 zone. The price action shows a range-bound recovery, with higher lows forming but still capped below the key resistance at ₹2,43,981. Moving averages are gradually flattening, indicating lack of strong trend. As long as silver sustains above ₹2,33,000, the near-term bias remains stable, while a breakout above ₹2,44,000 is required for a directional move.