Brent crude fell below $95 per barrel and WTI dropped to the $91-$92 range, while spot silver climbed 4.74% intraday above $81 an ounce for the first time since April 17.
Oil prices fell sharply during the trading session, with Brent crude dropping below $95 per barrel and West Texas Intermediate crude declining between reported levels of $92.21 and $91, reflecting losses of 5.43% for Brent and between 5.00% and 6.28% for WTI. At the same time, spot silver rose 4.74% intraday to above $81 per ounce, its highest level since April 17. The combined moves highlight a marked divergence between weaker energy prices and stronger precious metals prices during the same session.