Government bonds in multiple countries are being sold off! Gold prices fall while oil prices surge →

• On September 1,
  the U.S.
  10-year Treasury yield rose as high as 4.798%, the highest level since January 2025;

• Japan
  The 10-year Treasury yield hit 3% for the first time in 30 years, and the 30-year yield rose to 4.194%, reaching a new record high;

• United Kingdom
  The 10-year government bond yield reached 5.255%, the highest level since the 2008 financial crisis;

• Germany
  The 10-year government bond yield climbed to 3.364%, the highest since 2011;

• France
  The 30-year government bond yield also rose to the highest level since 2008.

　　As yields on government bonds in multiple countries rose and the U.S. dollar index strengthened, the price of gold—traditionally a safe-haven asset—came under pressure and fell during intraday trading on September 1.

　　As of 22:40 (GMT+8)—

• Gold futures for December delivery on the New York Mercantile Exchange closed at $4,413.70 per ounce,
  down 1.51%
  ;

• Silver futures for December delivery silver closed at $65.555 per ounce,
  down over 2%
  .

　　Renewed clashes between the U.S. and Iran after a month-long pause stoked market concerns, driving international oil prices higher.

　　As of 22:40 (GMT+8) on September 1—

• Light crude oil futures for October delivery on the New York Mercantile Exchange settled at $87.91 per barrel,
  up 2.51%
  ;

• Brent crude futures for November delivery in London were priced at $92.37 per barrel,
  up 2.08%
  .

Editor: Zhao Siyuan