Precious Metals Slip as Silver Leads Declines; Crypto Mixed

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Precious metals retreated on Monday, with silver posting the steeper decline. Silver fell ▼ 1.08% to $65.63 USD, trading between $65.58 and $66.55 during the session. Gold followed with a 0.99% drop to $4,387.10 USD, ranging from $4,383.60 to $4,431.10.

Cryptocurrencies

Bitcoin declined ▼ 0.64% to $79,397.00 USD, with intraday trading between $79,120.00 and $80,389.00. Ethereum reversed the broader weakness, gaining ▲ 0.34% to $2,488.85 USD and moving within a range of $2,478.72 to $2,532.29.

Currency Pairs

The US dollar held steady against major Middle Eastern currencies. USD/QAR, USD/SAR, and USD/AED remained flat at 3.6400 QAR, 3.7500 SAR, and 3.6725 AED respectively. Against major developed-market currencies, USD/EUR slipped ▼ 0.03% to 0.8611 EUR, while USD/GBP advanced ▲ 0.18% to 0.7397 GBP, having traded between 0.7384 and 0.7397.