Tariff uncertainty boosts safe haven, US dollar rebounds slightly on Monday Gold price hits historic high for three consecutive trading days
On Monday, due to the uncertainty of US tariffs, the market remained cautious and the US dollar index closed slightly up 0.17% at 104.18.
On Monday, due to the uncertainty of US tariffs, the market remained cautious and the US dollar index closed slightly up 0.17% at 104.18. The benchmark 10-year US Treasury yield closed at 4.2100%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.8950%. Gold continued its strong trend on Monday, breaking through $3120 per ounce and setting a new historical high. The uncertainty surrounding tariffs boosted safe haven demand, resulting in the strongest quarterly performance of gold prices since 1986 Due to Trump's warning of the possibility of imposing secondary tariffs on Russian oil buyers, threatening to bomb Iran and impose tariffs, international oil prices have risen significantly. WTI crude oil ultimately closed up 3.41% at $71.32 per barrel; Brent crude oil closed up 3.14% at $74.67 per barrel.