USD rose slightly Friday after White House clarified gold tariffs and capped prices.

Last Friday, the US dollar index stabilized above the 98 level and ultimately closed up 0.21% at 98.24, but closed down 0.42% on the weekly line; The yield of US Treasury bonds rose, with the benchmark 10-year yield closing at 4.286% and the 2-year yield closing at 3.769%. On Monday morning (August 11th) in the Asian market, spot gold was still hovering around the 3400 mark, currently trading at around 3395.05 US dollars per ounce. Last Friday, spot gold fluctuated narrowly, closing at $3397.13 per ounce, close to flat. The uncertainty of tariff policies and the increasing expectation of Fed interest rate cuts continue to provide support for gold prices. However, the US gold futures market has experienced a surge and a decline. Affected by the news that Putin will meet with Trump, international crude oil prices have fallen for the seventh consecutive trading day. WTI crude oil fluctuated widely within the day, ultimately closing down 0.79% at $62.68 per barrel; Brent crude oil ultimately closed down 0.44% at $65.71 per barrel.