USD fell on optimism; gold rose amid conflict uncertainty.

Last Friday, the US dollar index rose and fell, still hovering at a low level in over four months, and finally closed down 0.135% at 103.7. The yield on US Treasury bonds rebounded after the release of US consumer inflation expectations data, with the benchmark 10-year Treasury yield closing at 4.317%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.03%. Spot gold briefly broke through the important $3000 mark during trading last Friday, reaching a record high of $3004.82 per ounce. Investors chased after safe haven assets in this historic surge, seeking to avoid the economic uncertainty caused by US President Trump's tariff war. Subsequently, it fell slightly due to profit taking, closing at $2988.12 per ounce. Investors need to closely monitor geopolitical news and Federal Reserve interest rate decisions this week.