Silver Slumps 5% as Precious Metals and Cryptos See Mixed Trading

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

Silver posted the day's most significant decline, falling ▼ 5.08% to 63.17 USD and trading between 62.748001 and 66.550003 USD. Gold also retreated, sliding ▼ 1.69% to 4356.30 USD, with the precious metal moving across a range of 4329.600098 to 4431.000000 USD.

Cryptocurrencies

Bitcoin remained nearly flat, declining just ▼ 0.16% to 64289.00 USD and trading in a narrow band between 64241.000000 and 64771.000000 USD. Ethereum showed marginal strength, edging up ▲ 0.09% to 1911.22 USD within a tight range of 1905.959961 to 1917.969971 USD.

Currency Pairs

Major currency pairs saw modest movements. The US dollar weakened slightly against the euro, with USD/EUR trading at 0.8639 EUR and declining ▼ 0.37% across a range of 0.8639 to 0.8671 EUR. Against sterling, the dollar slipped ▲ 0.24% to 0.7388 GBP, trading between 0.7388 and 0.7406 GBP.

Pegged Middle Eastern currencies held steady: USD/QAR remained at 3.6400 QAR, USD/SAR at 3.7500 SAR, and USD/AED at 3.6725 AED, all unchanged.