Silver Leads Losses as Crypto and Precious Metals Retreat
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Silver posted the sharpest decline of the session, sinking ▼ 1.34% to 60.59 USD as precious metals came under selling pressure. Gold also retreated, losing ▼ 0.42% and settling at 4188.20 USD, though it remained near the middle of its daily range.
Precious Metals
Gold traded between 4152.10 USD and 4210.90 USD throughout the period. The yellow metal's modest decline reflected broader weakness across the commodities complex.
Silver's steeper pullback saw the metal move between 59.71 USD and 61.41 USD. The white metal's underperformance against gold extended its recent relative softness.
Cryptocurrencies
Bitcoin dipped 0.61% to 83204.06 USD in a narrow trading session. The largest cryptocurrency by market cap ranged from 81034.05 USD to 84035.15 USD during the period.
Ethereum declined ▼ 1.32% to 2505.13 USD, slightly outpacing Bitcoin's retreat. The second-largest token traded between 2411.84 USD and 2568.94 USD.
Currencies
Most Middle Eastern currency pegs held steady against the dollar. The euro strengthened ▲ 0.73% to 0.8952 EUR per dollar, while sterling edged up ▲ 0.34% to 0.7566 GBP per dollar.
At a Glance
- Silver: 60.59 USD, −1.34%
- Gold: 4188.20 USD, −0.42%
- Bitcoin: 83204.06 USD, −0.61%
- Ethereum: 2505.13 USD, −1.32%
- USD/EUR: 0.8952 EUR, +0.73%
- USD/GBP: 0.7566 GBP, +0.34%
- USD/QAR: 3.6400 QAR, 0%
- USD/SAR: 3.7500 SAR, 0%
- USD/AED: 3.6725 AED, 0%