Gold & Silver Extend Decline On Strengthening US Dollar, Crude Falls; Bitcoin Down 10% Overnight
Автор: CNBC-TV18
Загружено: 2026-02-05
Просмотров: 692
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Crude oil prices extended their decline, on track for their first weekly drop in weeks, as supply concerns eased, while focus remained on the outcome of US-Iran nuclear talks. Brent crude futures dropped 0.74% to $67.05 a barrel after settling 2.75% lower in the previous session. US West Texas Intermediate crude was at $62.77 a barrel, down 0.82%, after closing 2.84% lower on Thursday.
Meanwhile, gold and silver extended losses on a strong US dollar. Spot gold price declined 0.7% to $4,735.99 per ounce, after a near 4% drop on Thursday. US gold futures for April delivery fell 2.8% to $4,752.40 per ounce. Spot silver price fell 3.2% to $68.97 an ounce after a 19.1% drop in the previous session.
Bitcoin price tumbled below $61,000 as broader market turbulence deepened a selloff. The token sank as much as 4.8% to $60,033 to plunge to its lowest since October 2024.
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