Precious Metals and Crypto Decline Sharply While Major Currencies Hold Steady

This article was generated with AI assistance using live market data and reviewed by a member of the Serafa team before publication. Learn how these articles are generated

Precious Metals Slide

Silver experienced the steepest decline of the day, falling ▼ 4.10% to 66.50 USD and trading between 66.50 and 70.78 USD. Gold retreated ▼ 2.96% to 4456.40 USD, with the precious metal ranging from 4456.40 to 4610.30 USD during the session.

Cryptocurrencies Under Pressure

Digital assets extended recent weakness, with Bitcoin shedding 3.63% to settle at 77528.00 USD after trading between 77524.00 and 80887.00 USD. Ethereum declined ▼ 3.23% to 2435.42 USD, spanning a range of 2435.38 to 2521.88 USD over the period.

Currency Markets

Major currency pairs showed mixed movement. The dollar strengthened modestly against the euro and British pound, with USD/EUR rising ▲ 0.63% to 0.8614 EUR and USD/GBP climbing ▲ 0.67% to 0.7379 GBP. Gulf currencies remained flat, with USD/QAR holding at 3.6400 QAR, USD/SAR steady at 3.7500 SAR, and USD/AED unchanged at 3.6725 AED.