Precious Metals Decline as Silver Leads Losses; Dollar Strengthens Against Euro

This article was generated with AI assistance using live market data and reviewed by a member of the Serafa team before publication. जानें ये लेख कैसे तैयार किए जाते हैं

Precious metals retreated in early October trading, with silver posting the steeper decline. Silver fell ▼ 1.19% to 60.52 USD, trading between 60.52 USD and 62.13 USD during the session. Gold also softened, declining ▼ 0.98% to 4141.80 USD, with prices ranging from 4141.80 USD to 4224.30 USD.

Cryptocurrencies Post Modest Losses

Bitcoin and Ethereum both edged lower but remained relatively stable. Bitcoin fell ▼ 0.22% to 84677.00 USD, having traded between 84441.00 USD and 86795.00 USD. Ethereum declined more noticeably, down ▼ 0.88% to 2681.57 USD, with a range of 2665.67 USD to 2754.42 USD.

Foreign Exchange Markets

The US dollar strengthened significantly against the euro, gaining ▲ 1.29% to reach 0.8888 EUR per dollar, having moved between 0.8775 EUR and 0.8888 EUR. Sterling showed minimal movement, with USD/GBP rising just ▲ 0.12% to 0.7560 GBP. Gulf Cooperation Council pegs remained unchanged: USD/QAR held at 3.6400 QAR, USD/SAR at 3.7500 SAR, and USD/AED at 3.6725 AED.