US dollar dropped, gold and silver hit records.

On Monday, the US dollar index continued to decline after opening, falling to a intraday low of 98.19 during trading and ultimately closing down 0.47% at 98.27; The benchmark 10-year Treasury yield ultimately closed at 4.166%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.511%. In addition, due to strong intervention signals from the Japanese finance minister, the US dollar fell against the Japanese yen and briefly fell below the 157 level during trading. In the morning of Asian market on Tuesday (December 23), spot gold continued its rising trend, hitting a new record high of 4461.27 dollars/ounce. The combination of multiple factors, such as the tension between the United States and Venezuela, the potential conflict between Iran and Israel, the continuation of the conflict between Russia-Ukraine conflict, as well as the weakness of the dollar and the expectation of the Federal Reserve to cut interest rates, provided momentum for gold prices to rise. Since the beginning of this year, gold has risen by over 69%, and is expected to record its largest annual increase since 1979. Crude oil has rebounded due to potential disruptions in oil supply from Venezuela and Russia. WTI crude oil continued to rise during the day and briefly returned above $58, ultimately closing up 2.48% at $57.88 per barrel; Brent crude oil ultimately closed up 2.28% at $60.65 per barrel.