Gold slips 1.92% to $4,113.07 as oil and European indexes fall

Gate data also showed silver down 4.5%, volatility gauges BVIX and EVIX higher, and WTI and Brent crude retreating as the platform highlighted integrated TradFi access.

GT

Summary

Gold was quoted at $4,113.07 per ounce, down 1.92%, while silver fell 4.5% to $61.953, according to data cited by Gate. Market volatility gauges moved higher, with BVIX up 4.65% to 43.4 and EVIX up 1.96% to 57.1. In energy markets, WTI dropped 1.5% to $73.71 and Brent fell 1.44% to $77.6, while major European indexes also declined. Gate said these traditional finance, or TradFi (traditional finance markets), features are integrated into its app and web platform.

Terms & Concepts
  • TradFi: Traditional finance markets and products.
  • WTI: West Texas Intermediate crude oil benchmark.
  • Brent: Global crude oil price benchmark.