The dollar rose as markets adjusted; gold held firm on tariff uncertainty.

On Wednesday, following President Trump's latest remarks, investors assessed the strength of the economy and the outlook for tariffs. The US dollar index rebounded slightly, breaking away from the recent 11 week low and ultimately closing up 0.21% at 106.5. The yield of US Treasury bonds has stabilized, with the benchmark 10-year yield closing at 4.309%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.133%. On Wednesday (February 26), spot gold fluctuated, with the highest hitting the 2930 mark and the lowest falling to around 2891, closing at $2916.08 per ounce, close to closing flat. US President Trump said that Ukrainian President Zelensky will go to Washington on Friday to sign a rare earth mineral agreement, and the market expects the Russia Ukraine war to come to an end, suppressing the trend of gold prices. However, the increasing uncertainty brought by Trump's tariff plan has suppressed risk appetite and still provided safe haven support for gold prices. The unexpected increase in US refined oil inventories suggests weak demand, and the potential peace agreement between Russia and Ukraine continues to put pressure on oil prices. Two oil prices have fallen to a new low in nearly two months. WTI crude oil fluctuated downwards, ultimately closing down 0.45% at $68.68 per barrel; Brent crude oil closed down 0.47% at $72.79 per barrel.