Gold and silver plunge while crude oil surges, global commodities experience sharp volatility

Odaily Planet Daily News According to the latest data from Gate, the price of gold has fallen to $4,577.52 per ounce, a daily decline of 2.22%. The price of silver has fallen to $72.547 per ounce, a daily decline of 3.87%.

The BVIX (BTC Volatility Index) is currently quoted at 42.06, with a daily increase of 0.84%. The EVIX (ETH Volatility Index) is currently quoted at 60.30, with a daily increase of 0.50%.

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

In commodities, WTI crude oil rose 2.96% intraday to $102.40 per barrel. Brent crude oil rose 2.30% intraday to $110.68 per barrel.

Gate supports users in trading traditional financial market products directly on the platform, offering one-stop access to multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities. This enables deep integration of crypto assets with traditional financial assets. Gate's TradFi related features have been fully integrated into the Gate App and Web platform. Users can easily 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.