In a day of muted currency action, Asian markets traded sideways while the Chinese yuan edged closer to a four‑year high. The dollar index remained largely unchanged, keeping the US dollar in a stable position against its peers.
Commodity markets mirrored the cautious tone. Gold rose to $3,903.03 per ounce, up $27.48 or 0.71%. Silver climbed to $50.362, gaining $1.086 or 2.20%. WTI crude fell to $100.84, a drop of $3.28 or 3.15%, and Brent crude slipped to $110.41, down $3.02 or 2.66%. Copper edged up to $6.5263, a gain of $0.0443 or 0.68%. Aluminium increased to $3,070.15, up $10.45 or 0.34%. Natural gas slipped slightly to $2.894, a decline of $0.004 or 0.14%.
Overall, the market displayed a cautious sentiment, with currencies and commodities largely holding their ground amid ongoing geopolitical and economic uncertainties.