The US dollar has ended its continuous upward trend, and Israel is approaching a ceasefire with Hezbollah Gold price drops by over 3%`
On Monday, due to seasonal weakness and crowded trading betting on the appreciation of the US dollar, the US dollar index ended its three-day rise and ultimately closed down 0.53% at 106.92.
On Monday, due to seasonal weakness and crowded trading betting on the appreciation of the US dollar, the US dollar index ended its three-day rise and ultimately closed down 0.53% at 106.92. For the first time in two months, the yield of US 2/10-year treasury bond bonds was reversed again, and the benchmark 10-year yield closed at 4.2790%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.2900%. On Monday, COMEX gold futures fell 3.16% to $2626.4 per ounce, while COMEX silver futures fell 3.15% to $30.35 per ounce. Due to rumors of a ceasefire between Israel and Lebanon easing market concerns about oil supply disruptions, WTI crude oil ultimately closed down 2.96% at $69.01 per barrel; Brent crude oil closed down 3.33% at $72.55 per barrel.