Geopolitical risks decrease, US dollar falls on Tuesday Gold price hits historic high again

On Tuesday, the US dollar index remained sluggish, hitting a new five month low and ultimately closing down 0.288% at 103.4. The yield of US Treasury bonds has slightly fallen, with the benchmark 10-year yield closing at 4.29%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.048%.

Gold prices rose 1% on Tuesday, reaching a record high of $3038.16 per ounce during trading and closing at $3033.76 per ounce. The escalation of tensions in the Middle East and US President Trump's tariff plan have led to increased trade uncertainty, driving up demand for gold.

Due to Putin's agreement that Russia and Ukraine will not attack each other's energy infrastructure construction for 30 days, international oil prices have fallen. The WTI crude oil market experienced a reversal and ultimately closed down 1.06% at $66.53 per barrel; Brent crude oil closed down 0.88% at $70.06 per barrel.