Gold bulls want to 'touch' historical highs Pay attention to the performance of the US CPI data

On Tuesday (September 10th), the US dollar index fluctuated within a range above the 101 level, ultimately closing up 0.03% at 101.67. The yield on US Treasury bonds continues to decline, with the benchmark 10-year yield closing at 3.650%; The two-year US Treasury yield, which is more sensitive to monetary policy, ultimately closed at 3.607%.

On Tuesday, September 10th, spot gold showed a "V-shaped" trend, and then briefly approached the $2520 mark, ultimately closing up 0.41% at $2516.49 per ounce. Spot silver closed up 0.2% at $28.39 per ounce.

On Tuesday (September 10th), due to OPEC+unexpectedly lowering its crude oil demand forecast for this year and 2025, which overshadowed the impact of supply concerns caused by Tropical Storm Francine, international oil prices fell sharply. WTI crude oil fell rapidly in the US market and fell below $65 at one point, then regained some lost ground and finally closed down 3.59% at $65.76 per barrel; Brent crude oil fell below $70 for the first time since December 2021, ultimately closing down 3.12% at $69.49 per barrel.