After oil prices surged up and fell back, the rise was suspended, and inflation expectations cooled down. US 10-year Treasury yields fell from intraday highs, and gold and US stocks also rebounded. However, it is important to note that the “alternative” Red Sea port has also been threatened. Saudi crude oil exports have plummeted, and the decline in oil prices requires a more reliable agreement between the US and Iran. Otherwise, inflationary pressure and debt risks brought about by geographical issues will still repeatedly disrupt the market. It is recommended to wait patiently for the gold adjustment to end.

After oil prices surged up and fell back, the rise was suspended, and inflation expectations cooled down. US 10-year Treasury yields fell from intraday highs, and gold and US stocks also rebounded. However, it is important to note that the “alternative” Red Sea port has also been threatened. Saudi crude oil exports have plummeted, and the decline in oil prices requires a more reliable agreement between the US and Iran. Otherwise, inflationary pressure and debt risks brought about by geographical issues will still repeatedly disrupt the market. It is recommended to wait patiently for the gold adjustment to end.