Gold Breaks Above $4,300 for the First Time in History, Marking Four Consecutive Record Highs

以下為您的文章完整的美式英文翻譯版本，採用專業分析師語氣撰寫，並包含圖表中應使用的英文對應詞。

Gold Breaks Above $4,300 for the First Time in History, Marking Four Consecutive Record HighsMarket Overview

U.S. equities fell across the board on Monday, as renewed concerns over bad loans at regional banks weighed heavily on investor sentiment. The three major indexes all closed lower for the first time this week, led by financial stocks, which slumped nearly 3%. Shares of Zions Bancorporation and Western Alliance, both of which disclosed credit quality issues, plunged more than 10%.

Although the semiconductor index extended its winning streak for a second session and Oracle shares climbed on upbeat news, those gains were not enough to offset the broader market decline.

Risk aversion drove a strong rally in U.S. Treasuries, sending yields sharply lower. The 10-year Treasury yield once again fell below 4.0%, reaching a six-month low, while the 2-year yield dropped to a three-year low.

In the foreign-exchange market, the U.S. dollar index slid for the third straight day to a one-week low, while the offshore Chinese yuan strengthened to its highest level this month.

The cryptocurrency market came under pressure, with Bitcoin dipping below $108,000 intraday. Commodity markets showed a stark divergence — gold and silver both surged to all-time highs, with gold breaking above $4,300 per ounce for the first time in history, marking its fourth consecutive record close. In contrast, crude oil fell for the third consecutive session, hitting a five-month low, after a surprise build in U.S. EIA crude inventories.

Hot Topics Ahead

● Regional Bank Credit Concerns Trigger Sell-Off

Two U.S. regional lenders — Zions Bancorporation and Western Alliance Bank — disclosed cases of loan fraud and rising bad debts, reigniting market fears over credit quality. The Regional Bank Index tumbled 6.2% on Thursday, dragging financials broadly lower.

Investment bank Jefferies, which has exposure to the previously bankrupt auto parts supplier First Brands, also fell 10.62%.

Although some analysts believe these risks are idiosyncratic, sentiment has clearly turned cautious amid worries that a broader credit crisis could be brewing.

● Oracle Reveals Over $500 Billion in Outstanding Orders

At its annual investor conference in Las Vegas, Oracle highlighted a six-year, $60 billion AI infrastructure project with a projected gross margin of 35%. The company also announced that its remaining performance obligations (RPO) have surpassed $500 billion and projected annual revenue to reach $225 billion by fiscal year 2030.

These updates bolstered confidence in the profitability of AI infrastructure businesses, sending Oracles stock up more than 3%, after surging over 5% intraday.

Key Focus (GMT+8)

Overnight:

00:15 – Speech by 2025 FOMC voting member and St. Louis Fed President Musalem (US)