Gold Falls 1% as Precious Metals and Bitcoin Retreat

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Gold led declines across commodities and cryptocurrencies, falling ▼ 1.01% to $4,377.90 per ounce. The precious metal traded between $4,343.80 and $4,437.70 during the session, reflecting broad-based pressure on safe-haven assets.

Precious Metals

Silver followed gold lower, slipping ▼ 0.20% to $66.38 per ounce. The metal remained well within its daily range of $65.71 to $67.13, showing relative stability compared to its gold counterpart.

Cryptocurrencies

Bitcoin declined ▼ 0.45% to $78,633.00, trading in a range of $78,438.00 to $79,341.00. Ethereum bucked the broader downward trend, gaining ▲ 0.24% to settle at $2,489.47 with a trading range between $2,484.40 and $2,501.85.

Currency Markets

The dollar weakened against major currencies. The euro traded at 0.8603 EUR per dollar, down ▼ 0.35%, while sterling stood at 0.7385 GBP per dollar, declining ▼ 0.42%. Middle Eastern currency pairs—the Qatari riyal, Saudi riyal, and UAE dirham—remained unchanged at 3.6400 QAR, 3.7500 SAR, and 3.6725 AED respectively.