Gold and silver plummet while crude oil surges, global commodities experience sharp fluctuations

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

BVIX (Bitcoin Volatility Index) is currently quoted at 42.06, up 0.84% intraday. EVIX (Ethereum Volatility Index) is currently quoted at 60.30, up 0.50% intraday.

In the foreign exchange market, the US Dollar against Offshore Renminbi (USD/CNH) rose 0.21% intraday, with the current exchange rate at 6.83986. The US Dollar against 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 directly trading traditional financial market products within the platform, providing a one-stop service covering multiple asset classes including precious metals, foreign exchange, global stock Contracts for Difference (CFDs), major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi related functionalities have been fully integrated into the Gate App and Web interface, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market, and continuously enhancing their diversified asset allocation experience.