Middle East easing, USD strengthens, Gold near $4500, oil waits on Iran.

On Wednesday, news headlines surrounding the Middle East conflict continued to disrupt the market, with the US continuing to release signals of negotiations but also intensifying its military buildup. Iran denied direct negotiations and proposed "accepting conditions before negotiations". The US dollar index maintained its strength, standing at the 99 level and ultimately closing up 0.42% at 99.64; The yield of US treasury bond bonds fell back, with the benchmark 10-year US bond yield closing at 4.3360% and the two-year US bond yield sensitive to the Fed's policy interest rate closing at 3.8950%. Tehran is still seriously evaluating the 15 point ceasefire proposal handed over by the United States through Pakistan. This is not a direct rejection, but rather leaving room for maneuver. At the same time, the Israeli side is full of doubts about the prospects, while the Trump administration in the United States has made high-profile threats to implement even more aggressive strikes. At this critical moment in the geopolitical game, spot gold prices surged nearly 3% during trading on Wednesday (March 25th), touching the $4600 mark and ultimately closing at $4506.49, an increase of about 0.72%. As the war continues and the Strait of Hormuz continues to maintain low traffic volume, the US and Burkina Faso oil prices have rebounded. WTI crude oil ultimately closed up 3.25% at $91.7 per barrel; Brent crude oil ultimately closed up 2.39% at $98.36 per barrel.