U.S. growth strong, but USD fell. Silver hit $70, gold reached $4500.

On Tuesday, despite data showing strong growth in the world's largest economy, it did not change the market's bet that the Federal Reserve will cut interest rates next year. The US dollar index continued to decline during the day and fell below the 98 level, ultimately closing down 0.38% at 97.90; The benchmark 10-year Treasury yield ultimately closed at 4.170%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.536%. At the end of 2025, the global precious metal market experienced an unprecedented strong upward trend, with gold and silver prices continuously breaking records. Spot gold rose above the 4500 mark, spot silver broke through the key mark of $70 per ounce, spot platinum also set new historical highs, and spot palladium broke a three-year high. Due to the United States' statement that it may sell the seized Venezuelan crude oil, and Ukraine's attacks on Russian ships and ports exacerbating market concerns about supply disruptions, crude oil rose slightly after shaking. WTI crude oil ultimately closed up 0.84% at $58.37 per barrel; Brent crude oil ultimately closed up 0.66% at $62.44 per barrel.