Silver Slides 6.3% as Precious Metals and Cryptocurrencies Fall

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Silver led losses across markets on Friday, falling ▼ 6.31% to 63.22 USD per ounce. Gold followed with a 2.10% decline, trading to 4305.70 USD per ounce after ranging between 4303.30 USD and 4420.60 USD during the session.

Cryptocurrencies

Bitcoin retreated ▼ 1.86%, settling at 76830.00 USD with intraday movement between 76554.00 USD and 78414.00 USD. Ethereum showed more modest pressure, sliding 0.96% to 2444.89 USD after trading a range of 2437.38 USD to 2480.07 USD.

Currencies

The US dollar maintained stability against most regional and major currencies. The Gulf currencies—Qatar riyal, Saudi riyal, and UAE dirham—held flat at 3.6400 QAR, 3.7500 SAR, and 3.6725 AED respectively. The euro edged down ▼ 0.03% to 0.8608 EUR per dollar, while sterling ticked up ▲ 0.03% to 0.7398 GBP per dollar, ranging between 0.7396 GBP and 0.7398 GBP.