Precious Metals and Crypto Slide on July 17

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Precious metals and cryptocurrencies declined across the board today, with silver posting the sharpest drop. Ethereum fell ▼ 3.81% to 1838.29 USD, closely tracking silver's weakness as risk appetite softened across markets.

Precious Metals

Silver fell ▼ 3.69% to 55.57 USD, trading between 54.93 USD and 57.70 USD through the session. Gold retreated more modestly, declining ▼ 1.50% to 3995.20 USD and ranging from 3973.90 USD to 4056.20 USD.

Cryptocurrencies

Bitcoin slipped ▼ 1.84% to 63277.00 USD, with its range spanning 62636.00 USD to 64853.00 USD. Ethereum's steeper decline of ▼ 3.81% pointed to broader crypto market pressure during the trading session.

Currency Pairs

Major currency pairs showed minimal movement. The euro weakened fractionally, with USD/EUR edging down ▼ 0.24% to 0.8735 EUR. Sterling fared worse, with USD/GBP falling ▼ 0.60% and trading between 0.7415 GBP and 0.7460 GBP. Gulf currencies held steady: USD/QAR, USD/SAR, and USD/AED remained flat at 3.6400, 3.7500, and 3.6725 respectively.