The weakening of the US dollar has driven gold prices higher, and global assets are entering a period of volatility and adjustment.

On the day, global financial markets showed a diversified trend, with the US dollar generally weakening against major currencies, driving continuous increases in dollar-denominated gold prices. According to Gate’s latest market data, key exchange rates such as USD to offshore RMB and USD to JPY are all declining. In this context, precious metals like gold and silver rose accordingly, and the volatility index also saw a significant increase. These series of changes reflect that the current global markets are facing a more complex liquidity adjustment.

Precious Metals Lead the Rise, Gold and Silver Climb Together

The gold market performed remarkably, with prices reaching $5,183.25 per ounce, up 0.92% intraday. Meanwhile, silver’s rally was even stronger, with prices moving up to $79.08 per ounce, an increase of 2.69% for the day. The synchronized rise of precious metals often indicates a market risk appetite adjustment, with investors tending to increase allocations to safe-haven assets. The rise in gold prices complements the decline in the US dollar index—when the dollar weakens, the purchasing power of dollar-denominated gold increases, attracting more global investors to add to their holdings.

US Dollar Depreciation Dominates Forex Market, Broad Impact

The USD to offshore RMB (USD/CNH) fell 0.32% intraday, currently at 6.88576; USD to JPY (USD/JPY) declined 0.38%, currently at 154.111. The overall softening of the dollar breaks the previous strong trend, providing short-term support to emerging markets reliant on dollar financing, while also stimulating demand for dollar-denominated commodities. This forex market shift is closely related to the rise in gold prices and the increase in the volatility index, forming a mutually reinforcing market dynamic.

Cryptocurrency Volatility Index Rises, Market Risk Sentiment Grows

In the crypto asset market, volatility indices serve as important indicators of market sentiment. The BVIX (Bitcoin volatility index) is currently at 56, up 7.03% intraday; EVIX (Ethereum volatility index) is at 790.48, up 4.03%. The rise in volatility indices indicates that market participants expect greater future price fluctuations, reflecting increased risk awareness among investors. This resonates with the rise of traditional safe-haven assets like gold, suggesting that global investors are actively adjusting their portfolios to cope with uncertainty.

Most Commodities Rise, Energy Markets Remain Relatively Stable

The crude oil market shows a relatively mild performance. WTI crude oil fluctuated by 0.3% intraday, at $66.04 per barrel; Brent crude oil fluctuated by 0.35%, at $71.29 per barrel. Although the increase is limited, the overall commodities market shows a gentle upward trend, echoing the gains in gold and silver, and reflecting the broad boost to global commodity markets from a weakening dollar.

Gate Cross-Asset Platform Supports Investors in Seizing Diverse Opportunities

In the face of complex and volatile global asset trends, investors need flexible trading tools and seamless asset allocation experiences. Gate offers a solution that breaks traditional boundaries—allowing direct trading of traditional financial products within the same platform, covering precious metals, forex, global stock CFDs, major indices, and commodities. This integrated design achieves deep fusion between crypto assets and traditional financial assets, enabling users to participate in global asset price trading without switching platforms.

Gate TradFi features are fully integrated into the Gate App and Web platform, providing convenience for users. Investors can unlock more strategies and opportunities beyond the crypto market, constructing more balanced and diversified asset allocations through the relationships among gold, USD, and other assets, thereby enhancing overall investment resilience in uncertain market environments.