Precious Metals and Oil Markets Diverge Sharply
According to the latest Gate market data, precious metals showed strong performance. Gold prices climbed to $4,186.42 per ounce, up 1.15% intraday. Silver outperformed, rising to $66.461 per ounce, surging 4.88% intraday. In contrast, the oil market experienced a heavy sell-off. WTI crude fell 4.62% to $74.99 per barrel, while Brent crude dropped 3.68% to $79.04 per barrel, creating a clear divergence between precious metals and crude oil.
Volatility Indexes and Forex Markets Stable
In crypto volatility, BVIX (BTC Volatility Index) stood at 41.7, down 1.14% intraday, while EVIX (ETH Volatility Index) was at 56.15, down 0.44%. Both indexes edged lower, indicating a slight contraction in market volatility. Forex markets showed limited movement: USD/CNH was flat at 6.78001, and USD/JPY rose 0.39% to 161.843.
Global equity indices mostly rose. The Euro Stoxx 50 (EUSTX50) gained 0.57% to 6,330.41 points; the UK FTSE 100 (UK100) rose 1.02% to 10,430.6 points; the German DAX 40 (GER40) added 0.66% to 25,102.1 points. Three major European indexes all closed higher.
The Gate platform provides users with one-stop access to traditional financial markets, covering precious metals, forex, global stock CFDs, major indexes, and commodities — enabling deep integration of crypto assets with traditional financial assets. Users can trade global assets directly through Gate App and Web without switching platforms, unlocking more strategies and opportunities beyond the crypto market to enhance diversified portfolio allocation.