Silver Surges 3.72% as Precious Metals Rally; Cryptocurrencies Gain Modestly

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Silver outpaced gold in a strong session for precious metals, gaining ▲ 3.72% to reach $63.71 USD. Gold climbed ▲ 2.52% to $4,343.30 USD, trading between $4,343.30 and $4,367.10 throughout the day.

Cryptocurrencies

Bitcoin advanced ▲ 1.04% to $64,927.00 USD, moving within a range of $64,800.00 to $65,235.00. Ethereum posted a more modest gain, rising ▲ 0.97% to $1,919.52 USD and trading between $1,911.44 and $1,928.00.

Currencies

Major currency pairs moved lower against the US dollar. The dollar strengthened against the euro, with USD/EUR declining ▲ 0.32% to 0.8657 EUR. Sterling weakness was less pronounced, with USD/GBP falling ▼ 0.12% to 0.7421 GBP.

Gulf region currencies remained flat. The dollar held at 3.6400 QAR, 3.7500 SAR, and 3.6725 AED with no change across these pairs.