Market Insights

New York futures reached 3,400 US dollars/ounce, up 2.34% during the day. US gold stocks were higher before the market, with Eagle Mining, Barrick Gold, and Kinross Gold rising more than 2%.

After the release of the trade balance data from the USA, the euro rose, increasing by 0.2% to 1.133750 dollars.

On the afternoon of the 6th, an Israeli military spokesperson issued a warning on Social Media, urging the residents in the vicinity of Sana'a International Airport in Yemen to evacuate swiftly. The warning stated that those who do not evacuate and keep their distance will face danger. A reporter from Xinhua observed that in the evacuation warning diagram released, areas such as the runway and apron of Sana'a International Airport were marked in red by the Israeli military. On the 5th, the Israeli Public Broadcasting Corporation cited a senior Israeli security official saying that Israeli and USA fighter jets conducted a joint airstrike on Yemen that day, dropping 50 bombs and destroying the port of Hodeidah and a concrete production plant in Yemen. (Xinhua)