Gold and silver take a dive while crude oil surges, as global commodities experience sharp volatility

According to the latest data from Gate, the price of gold has fallen to $4,577.52 per ounce, down 2.22% on the day. The price of silver has dropped to $72.547 per ounce, down 3.87% on the day.

BVIX (BTC Volatility Index) is currently quoted at 42.06, up 0.84% on the day. EVIX (ETH Volatility Index) is currently quoted at 60.30, up 0.50% on the day.

In the forex market, the US Dollar against Offshore Chinese Yuan (USD/CNH) rose 0.21% on the day, with the current exchange rate at 6.83986. The US Dollar against Japanese Yen (USD/JPY) rose 0.07% on the day, with the current exchange rate at 159.546.

In commodities, WTI crude oil rose 2.96% on the day, reported at $102.40 per barrel. Brent crude oil rose 2.30% on the day, reported at $110.68 per barrel.

Gate supports users in directly trading traditional financial market products on its platform, offering a one-stop coverage of multiple asset classes including precious metals, forex, global stock Contracts for Difference (CFDs), major indices, and commodities, thereby achieving a deep integration of crypto assets and traditional financial assets. Gate TradFi related features have been fully integrated into the Gate App and Web interface. Users can conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their multi-asset allocation experience.