The market awaits US data; the dollar fell Monday, boosting gold prices.

On Monday, the US dollar index fluctuated downward within the day, falling below the 97 level and ultimately closing down 0.49% at 96.77. It is worth noting that the US dollar index has closed down for the sixth consecutive month, marking the largest first half decline since the early 1970s; The benchmark 10-year US Treasury yield closed at 4.228%, and the 2-year US Treasury yield closed at 3.723%.

On Tuesday (July 1st Beijing time), spot gold trading was around $3311 per ounce. Gold prices rose slightly on Monday, aided by the weakening of the US dollar. Investors are waiting for US economic data later this week to evaluate the policy direction of the Federal Reserve.

Due to investors weighing the easing of risks in the Middle East and the possibility of OPEC+production increase in August, the two oil prices fluctuated. WTI crude oil first rose and then fell, briefly rising above $65 during the day, but then giving up all the gains of the day and turning downwards, ultimately closing down 0.16% at $64.31 per barrel; Brent crude oil closed up 0.19% at $66.38 per barrel.