The yield of US long-term treasury bond bonds rose, and the US dollar rose significantly on Tuesday Gold continues to be under pressure, but the pullback may be limited
On Tuesday, the US dollar index continued its upward trend, hitting a high of 106.182 during trading and ultimately closing up 0.404% at 105.93.
On Tuesday, the US dollar index continued its upward trend, hitting a high of 106.182 during trading and ultimately closing up 0.404% at 105.93. The collective surge in US bond yields, with the benchmark 10-year US bond yield closing at 4.44%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.363%.
On Tuesday, spot gold continued to decline, hitting a low of $2589.61 at one point before closing down 0.81% at $2598.41 per ounce, a new low in nearly two months. Spot silver ultimately closed up 0.14% at $30.74 per ounce.
As investors digest OPEC's latest downward adjustment in demand growth, international crude oil is oscillating at a low level. WTI crude oil ultimately closed down 0.29% at $67.84 per barrel; Brent crude oil closed down 0.31% at $71.61 per barrel.