On Wednesday, as traders watched whether the Trump administration would reach new trade agreements with trading partners, the US dollar index fell again and briefly fell to around $99, ultimately closing down 0.89% at 99.26. The yield of US Treasury bonds also fell, with the benchmark 10-year yield closing at 4.282%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.784%. On Thursday morning in the Asian market, spot gold slightly rose, briefly breaking historical highs to around $3357.66 per ounce. Gold prices surged over $100 on Wednesday, breaking the 3300 mark and reaching a high of $3342.95 per ounce, an increase of about 3.52%. The escalation of international trade tensions has prompted investors to turn to safe haven assets. The Federal Reserve Chairman acknowledged the slowdown in economic growth, and the sharp decline in US stock, dollar, and bond yields has also provided upward momentum for gold prices.