Silver Surges 2.88% as Cryptocurrencies Decline; Precious Metals Lead Market

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Silver led a mixed market session, climbing ▲ 2.88% to 64.88 USD and trading between 63.583 and 65.031 USD. Gold also advanced, gaining ▲ 1.31% to settle at 4343.80 USD after moving through a range of 4277.10 to 4354.30 USD. Precious metals momentum contrasted sharply with weakness in the cryptocurrency space.

Cryptocurrencies Fall

Bitcoin declined ▼ 2.34% to 76192.00 USD, trading between 75346.00 and 78017.00 USD. Ethereum saw steeper losses, dropping ▼ 3.59% to 2419.58 USD and ranging from 2383.81 to 2516.05 USD during the session. Both major digital assets retreated from their session highs.

Currency Pairs and Middle Eastern Rates

In currency trading, USD/EUR rose 0.83% to 0.8667 EUR, with the pair trading between 0.8596 and 0.8667 EUR. USD/GBP gained ▲ 0.54% to 0.7420 GBP, moving through a range of 0.7380 to 0.7420 GBP. Middle Eastern pegs held steady: USD/QAR remained at 3.6400 QAR, USD/SAR unchanged at 3.7500 SAR, and USD/AED flat at 3.6725 AED.