Silver Climbs 0.7% to $50.078 an Ounce in Thursday Market Snapshot

Silver climbed 0.7% to $50.078 an ounce in a Thursday evening market snapshot, outpacing gold as crude benchmarks declined and leaving the wider commodities picture mixed.

At 8 p.m. ET Thursday (01:00 UTC Friday), gold was up 0.23% at $3,885.57 an ounce. Silver’s percentage gain was larger.

West Texas Intermediate crude fell 0.4% to $88.64 a barrel, while Brent crude slipped 0.22% to $97.87. The dollar was down 0.01% against the offshore yuan at 6.67234 and up 0.02% against the yen at 159.866.

European equity indexes were mixed. The Europe 50 index fell 0.5% to 6,375.81, Germany’s DAX40 slipped 0.1% to 26,733.5, and the FTSE 100 rose 0.07% to 10,844.1.