Ethereum Surges 8% as Cryptos Rally; Precious Metals Post Modest Gains

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Cryptocurrencies dominated market movements on Saturday, with Ethereum posting the strongest gain across all tracked assets. Ethereum climbed ▲ 8.11% to 2638.74 USD, trading between 2604.53 USD and 2655.53 USD during the session. Bitcoin rose 6.45% to 81278.00 USD, bouncing between 80841.00 USD and 81675.00 USD.

Precious Metals

Gold and silver both registered gains, though at a more measured pace than digital assets. Gold advanced ▲ 0.45% to settle at 4379.00 USD, with the metal trading in a tight range of 4378.79 USD to 4394.40 USD. Silver outpaced gold on a percentage basis, rising ▲ 0.92% to 66.38 USD, moving between 66.26 USD and 67.22 USD.

Currency Markets

Major currency pairs showed modest strength. The dollar weakened against both the euro and British pound, with USD/EUR climbing ▲ 1.09% to 0.8712 EUR and trading from 0.8618 EUR to 0.8712 EUR. USD/GBP rose 1.15% to 0.7479 GBP, ranging from 0.7394 GBP to 0.7479 GBP. Regional Gulf currencies held steady: USD/QAR remained at 3.6400 QAR, USD/SAR at 3.7500 SAR, and USD/AED at 3.6725 AED.