Silver Falls 2.93% as Precious Metals Slip; Crypto Mixed

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Precious metals retreated Tuesday as silver led the selloff with a ▼ 2.93% drop to 64.84 USD. Gold followed suit, declining ▼ 2.03% to settle at 4374.40 USD, trading between 4365.80 USD and 4465.20 USD during the session.

Precious Metals

Silver's steeper decline outpaced gold's weakness, with the white metal trading between 64.64 USD and 67.38 USD. Both metals extended their losses as investors reassessed positions across the commodity space.

Cryptocurrencies and Major Currency Pairs

Bitcoin remained essentially flat, advancing just ▲ 0.03% to 78056.00 USD, with the cryptocurrency trading between 77762.00 USD and 79175.00 USD. Ethereum outperformed the broader crypto market, gaining ▲ 1.06% to 2458.68 USD.

Major currency pairs showed modest strength. The euro rose 0.53% against the dollar to 0.8614 EUR, while sterling climbed ▲ 0.72% to 0.7384 GBP. Gulf and Middle Eastern pegs remained stable: the Qatar riyal held at 3.6400 QAR, the Saudi riyal stayed at 3.7500 SAR, and the UAE dirham was unchanged at 3.6725 AED.