Outside the crypto market, traditional finance (Tradfi) markets are also quietly unfolding their own stories. Latest data from Gate shows that from precious metals to foreign exchange and commodities, these traditional assets are exhibiting interesting correlation characteristics, which are worth paying close attention to for multi-asset allocators.
Gold and silver prices remain moderate, while crypto volatility indices show adjustments
The precious metals market remains stable, with gold prices rising to $5,077.20 per ounce intraday, up 0.35%; silver prices rebounded to $82.898 per ounce, up 0.16% intraday. In contrast, crypto volatility indices have experienced a noticeable pullback. The BVIX (Bitcoin Volatility Index) is currently at 55.26, down 6.58% intraday; the EVIX (Ethereum Volatility Index) is at 75.44, down 4.84% intraday. This contraction in volatility often indicates market sentiment stabilization and the emergence of trading opportunities.
Snapshot of major forex and commodity markets
In the forex market, the USD against offshore Chinese yuan (USD/CNH) declined 0.08% to 6.90862 intraday, and USD/JPY fell 0.89% to 154.407. The commodity markets show divergence: WTI crude oil slightly declined 0.07% to $64.42 per barrel, while Brent crude oil rose 0.40% to $69.66 per barrel. These indicators collectively reflect the complex dynamics of global asset flows at present.
Gate Tradfi one-stop trading unlocks a new experience in multi-asset allocation
To meet the growing demand for diversified asset allocation, Gate has launched the Tradfi feature, enabling seamless integration of crypto assets with traditional financial products. Users can directly participate in trading a variety of assets including precious metals, forex, global stock CFDs, major indices, and commodities within the Gate platform. This feature is fully integrated into the Gate App and Web platform, allowing users to efficiently trade global asset prices without switching between multiple platforms, discover more strategies and opportunities outside the crypto market, and continuously enhance their diversified investment experience.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Crypto investors can't miss out on the Tradfi market trends: precious metals, forex, and crude oil all moving together
Outside the crypto market, traditional finance (Tradfi) markets are also quietly unfolding their own stories. Latest data from Gate shows that from precious metals to foreign exchange and commodities, these traditional assets are exhibiting interesting correlation characteristics, which are worth paying close attention to for multi-asset allocators.
Gold and silver prices remain moderate, while crypto volatility indices show adjustments
The precious metals market remains stable, with gold prices rising to $5,077.20 per ounce intraday, up 0.35%; silver prices rebounded to $82.898 per ounce, up 0.16% intraday. In contrast, crypto volatility indices have experienced a noticeable pullback. The BVIX (Bitcoin Volatility Index) is currently at 55.26, down 6.58% intraday; the EVIX (Ethereum Volatility Index) is at 75.44, down 4.84% intraday. This contraction in volatility often indicates market sentiment stabilization and the emergence of trading opportunities.
Snapshot of major forex and commodity markets
In the forex market, the USD against offshore Chinese yuan (USD/CNH) declined 0.08% to 6.90862 intraday, and USD/JPY fell 0.89% to 154.407. The commodity markets show divergence: WTI crude oil slightly declined 0.07% to $64.42 per barrel, while Brent crude oil rose 0.40% to $69.66 per barrel. These indicators collectively reflect the complex dynamics of global asset flows at present.
Gate Tradfi one-stop trading unlocks a new experience in multi-asset allocation
To meet the growing demand for diversified asset allocation, Gate has launched the Tradfi feature, enabling seamless integration of crypto assets with traditional financial products. Users can directly participate in trading a variety of assets including precious metals, forex, global stock CFDs, major indices, and commodities within the Gate platform. This feature is fully integrated into the Gate App and Web platform, allowing users to efficiently trade global asset prices without switching between multiple platforms, discover more strategies and opportunities outside the crypto market, and continuously enhance their diversified investment experience.