Safe-haven demand rises; USD rebounds Friday; gold remains high.

Last Friday, as investors consolidated their positions before the weekend and closely monitored the headline news on tariffs, the US dollar index rebounded slightly and ultimately closed up 0.28% at 106.65. The yield of US Treasury bonds continues to decline, with the benchmark 10-year yield closing at 4.430%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.202%. Gold prices fluctuated at a high level last Friday as investors took profits after setting a record high. Gold prices fell to around 2916.66 during trading, but President Trump's tariff plan still attracted bargain hunting and safe haven buying, closing at $2936.17 per ounce, with a weekly increase of about 1.85%, marking the eighth consecutive week of gains. The survey shows that most analysts and retail investors still tend to be bullish on the future of gold. Due to investors' efforts to cope with the diminishing risk premium in the Middle East and the uncertainty of a potential peace agreement in Ukraine, oil prices closed lower on Friday, with a weekly record of five consecutive negatives. WTI crude oil showed a unilateral downward trend last Friday and accelerated its decline before the US market, ultimately closing down 3.25% at $70.17 per barrel; Brent crude oil closed down 3.08% at $74.45 per barrel.