Gold Falls While Bitcoin Rises in Mixed Commodity and Crypto Action
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Gold retreated ▼ 0.99% to $4,580.30 during today's session, pulling back from earlier levels. Silver followed suit, sliding 0.28% to $68.93 as the precious metals complex weakened across the board.
Precious Metals
Gold traded between $4,576.30 and $4,642.10, with losses building as the session progressed. Silver's range of $68.59 to $69.73 reflected modest volatility in the white metal, though selling pressure ultimately prevailed.
Cryptocurrencies
Bitcoin bucked the downward trend, gaining ▲ 1.00% to reach $79,809.00. The leading cryptocurrency traded between $79,792.00 and $81,280.00 during the period. Ethereum, by contrast, declined ▼ 0.66% to $2,489.69, oscillating between $2,486.74 and $2,534.21.
Currency Markets
The US dollar posted mixed results against major currencies. EUR/USD strengthened ▲ 0.27% to 0.8583, while GBP/USD climbed ▲ 0.34% to 0.7358. Gulf region pegs—QAR, SAR, and AED—remained flat against the dollar at 3.6400, 3.7500, and 3.6725 respectively.
At a Glance
- Gold: $4,580.30, down ▼ 0.99%
- Silver: $68.93, down ▼ 0.28%
- Bitcoin: $79,809.00, up ▲ 1.00%
- Ethereum: $2,489.69, down ▼ 0.66%
- USD/EUR: 0.8583, up ▲ 0.27%
- USD/GBP: 0.7358, up ▲ 0.34%