Cryptocurrencies Lead Market Gains as Precious Metals Rise

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Cryptocurrencies dominated market movements on Friday, with Ethereum climbing ▲ 5.68% to 2522.46 USD and Bitcoin advancing ▲ 5.39% to 81274.00 USD. Both digital assets traded near the upper end of their daily ranges, signaling strong buying interest throughout the session.

Precious Metals

Gold and silver both moved higher, with gold rising ▲ 1.86% to 4468.70 USD per ounce. The metal traded between 4461.80 USD and 4501.60 USD during the day.

Silver outpaced gold in percentage terms, gaining ▲ 2.65% to reach 67.10 USD per ounce. The white metal traded within a narrower band of 66.46 USD to 67.35 USD.

Foreign Exchange

Major currency pairs showed minimal movement. The euro weakened slightly against the dollar, with USD/EUR declining ▲ 0.09% to 0.8606 EUR. Sterling posted a modest gain, with USD/GBP rising ▲ 0.26% to 0.7398 GBP.

Gulf currencies remained flat: the Qatari riyal held at 3.6400 QAR per dollar, the Saudi riyal stayed at 3.7500 SAR, and the UAE dirham remained unchanged at 3.6725 AED.