Silver Surges 1.92% as Precious Metals and Cryptocurrencies Show Mixed Movement

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Silver outperformed other major assets on July 20, advancing ▲ 1.92% to $57.16 and trading between $55.78 and $57.49. Gold followed with a modest gain of ▲ 0.12%, closing at $4024.00 after ranging from $3985.60 to $4029.80.

Cryptocurrencies Hold Steady

Bitcoin and Ethereum delivered mixed but restrained moves. Bitcoin dipped 0.10% to $64,745.00, confined to a narrow range between $64,452 and $65,012. Ethereum posted a small gain of ▲ 0.76%, closing at $1,875.55 and trading within $1,865.57 and $1,888.30.

Currency Markets Show Stability and Minor Weakness

Major Gulf currencies remained unchanged against the dollar. The USD/QAR held at 3.6400 QAR, USD/SAR stayed at 3.7500 SAR, and USD/AED remained at 3.6725 AED. Against developed-market currencies, the dollar weakened slightly. USD/EUR declined ▼ 0.27% to 0.8750 EUR, while USD/GBP fell ▼ 0.60% to 0.7438 GBP.