Market Recap: Silver Leads Declines as Precious Metals and Cryptocurrencies Pull Back

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Precious metals retreated on Friday, with silver posting the sharpest loss of the session. The white metal dropped ▼ 0.85% to $63.79, having traded between $63.69 and $64.45 during the period. Gold declined more moderately, slipping ▼ 0.50% to $4,272.00 and ranging from $4,266.10 to $4,300.60.

Cryptocurrencies

Bitcoin and ethereum both eased lower but held relatively steady. Bitcoin slid 0.22% to $84,204.00, with a trading range of $84,065.00 to $84,833.00. Ethereum declined ▼ 0.46% to $2,677.57, oscillating between $2,674.11 and $2,698.25.

Currency Markets

Major currency pairs displayed divergent momentum. USD/GBP climbed ▲ 1.14% to 0.7564 GBP per dollar, while USD/EUR gained ▲ 0.86% to 0.8787 EUR per dollar, ranging between 0.8712 and 0.8787. Gulf currency pegs remained unchanged: USD/QAR held steady at 3.6400 QAR, USD/SAR remained at 3.7500 SAR, and USD/AED stayed fixed at 3.6725 AED.