The US dollar rose slightly, with gold nearing $4500 due to safe haven demand.

On Tuesday, the US dollar index rebounded and ultimately closed up 0.28% at 98.59, hitting a new high in over two weeks; The yield of US Treasury bonds slightly increased, with the benchmark 10-year yield closing at 4.169% and the 2-year yield sensitive to the Federal Reserve policy rate closing at 3.473%. Against the backdrop of rapidly escalating global geopolitical tensions, gold has performed exceptionally well as a traditional safe haven asset. On Tuesday, spot gold prices continued the previous trading day's upward trend, rising about 1% further and closing at $4494 per ounce. On Wednesday morning (January 7th) in the Asian market, spot gold fluctuated at a high level, reaching $4500.27 per ounce as of 07:30. This price level is already very close to the historical record of $4549.71 per ounce set on December 24th last year. Meanwhile, US gold futures for February delivery also rose 1%, closing at $4496.10 per ounce. As the market balances the prospect of abundant global crude oil supply and the uncertainty of Venezuela's crude oil production after the United States forcibly controls Maduro, international crude oil has given up the gains of the previous trading day. WTI crude oil continued to decline in the US market, falling below the $57 mark and ultimately closing down 2.22% at $56.86 per barrel; Brent crude oil ultimately closed down 2.07% at $60.43 per barrel.