London Wrap: Oil jumps 4% as silver runs, Bitcoin slips
Crude led Tuesday's tape with USOil up 4.47% and UKOil up 4.21%, silver added 3.46% and gold hit 4,389, while Bitcoin and Ethereum retreated.
Crude led Tuesday's tape with USOil up 4.47% and UKOil up 4.21%, silver added 3.46% and gold hit 4,389, while Bitcoin and Ethereum retreated.
Crude jumped over 4% and silver added 3.5% while Bitcoin and Ethereum slipped. Where the majors, metals and crypto stand at the open.
Brent and WTI led the tape with gains above 2%, precious metals kept their weekly run, and US equities drifted lower into the close.
Brent hit $83.14 and WTI $78.02 as oil led the session, silver held a 9% weekly gain, and European indices closed mixed. The London wrap.
Brent and WTI both climb over 2% to start the session, Solana leads crypto, and silver holds a 9% weekly gain. Here's where the majors stand.

A descriptive technical read of Silver (XAGUSD) at 63.53, up 3.07%: trend structure, RSI 61.7, ATR at the 28th percentile and its 52-week range position.
Precious metals stole the US session as gold surged 4.2% to $4,244 and silver rose 4.3%, while the Nasdaq 100 slipped and the dollar softened broadly.
Precious metals dominated the European session as gold jumped 4.2% and silver 4.3%, while European indices softened and the dollar eased broadly.
US Unemployment Claims land at 12:30 UTC on 6 Aug, forecast 203K vs 197K prior. Here's what the release measures and how USD-linked instruments trade now.
Precious metals lead the tape as gold clears $4,244 and silver tops $61. The dollar softens, crypto is mixed, and European indices open on the back foot.
Silver, palladium and major cryptos ticked higher after the FOMC press conference landed at 18:30 UTC on 29 July 2026, with metals leading the move.
Brent and WTI led the London session lower, both down roughly 10% on the week, while silver and gold slipped and the FTSE 100 pushed higher.