Market Recap: Cryptocurrencies Rally While Precious Metals Gain Ground

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Cryptocurrencies dominated today's market action with substantial gains across the board. Ethereum rallied ▲ 7.35% to 2620.23 USD, outpacing Bitcoin, which advanced ▲ 6.26% to 81128.00 USD. The digital asset surge reflected broader market sentiment favoring higher-risk positions.

Precious Metals

Gold and silver both registered modest gains on the session. Silver outperformed, rising ▲ 0.92% to 66.38 USD, while gold climbed ▲ 0.45% to 4379.00 USD. Gold traded between 4379.00 and 4394.40 USD during the period, showing contained volatility despite broader market activity.

Currency Markets

Major currency pairs displayed divergent trends. The dollar strengthened against both the euro and pound sterling, with USD/EUR gaining ▲ 1.09% to 0.8712 EUR and USD/GBP rising ▲ 1.15% to 0.7479 GBP. Gulf region pegs remained anchored: USD/QAR held steady at 3.6400 QAR, USD/SAR remained flat at 3.7500 SAR, and USD/AED stayed at 3.6725 AED.