Spot silver fell 2.01% intraday to $64.44 per ounce; the main contract of COMEX silver futures last traded at $64.57 per ounce, down 2.51% on the day.

According to media reports, Anthropic's pre-IPO credit facility is expected to exceed the $10 billion target. Anthropic is asking lead banks to each provide about $1.25 billion in loans, while secondary active banks are each being asked to provide about $1 billion in loans.

Market news: BP has joined Venezuelan oil trading to challenge the positions of Trafigura and Vitol.

Imperial Oil Canada’s Sarnia plant has reported that staff are addressing an operational issue that has led to intensified flaring. Maintenance work is underway, and the increased flaring is expected to continue for several more days.

JPMorgan's Santos warns: "AI tentacle" risks have spread to bond and stock markets