Gold and silver prices generally fell, while cryptocurrency volatility decreased, with the BVIX down 2.26% on the day.
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Both WTI and Brent crude oil prices fell by about $1 in the short term, while spot gold rose by about $20 in the short term.
According to Odaily data, WTI and Brent crude oil prices fell by about $1 in the short term, while spot gold rose by about $20. In terms of news, Trump did not reiterate his intention to terminate the interim agreement with Iran during the NATO summit.
Gold and crude oil weakened, while global stock indices generally rose.
According to the latest data from Odaily, gold prices fell to $4180.97 per ounce, a daily decrease of 0.07%. Silver prices fell to $62.685 per ounce, a daily increase of 0.35%. The BVIX (BTC Volatility Index) is currently quoted at 40, a daily increase of 0.93%. The EVIX (ETH Volatility Index) is currently quoted at 53.69, a daily increase of 0.43%. In the foreign exchange market, the USD/CNH exchange rate rose 0.05% to 6.78441. The USD/JPY exchange rate rose 0.18% to 161.531. In global stock indices, the Euro Stoxx 50 rose 0.47% to 6410.46 points; the UK FTSE 100 rose 0.09% to 10668.1 points; and the German DAX 40 rose 0.09% to 25867.8 points. In commodities, WTI crude oil fell 0.45% to $68.66 per barrel, while Brent crude oil fell 0.04% to $71.77 per barrel. Gate allows users to directly trade traditional financial market products on its platform, providing a one-stop solution for precious metals, forex, global equity CFDs, major indices, and commodities, achieving deep integration of crypto assets and traditional financial assets. Gate TradFi features have been fully integrated into the Gate App and Web platform, allowing users to easily participate in global asset price trading without switching platforms, unlocking more strategies and opportunities outside the crypto market, and continuously enhancing their diversified asset allocation experience.
Gold fell below $4,100 per ounce, while both WTI and Brent crude oil prices surged by 5%.
According to BlockBeats, on July 8th, based on Bitget market data, with renewed tensions between the US and Iran, Brent crude oil surged 5.00% intraday, currently trading at $75.67 per barrel. WTI crude oil rose above $72 per barrel, also up 5.00% intraday. Spot gold fell below $4100 per ounce, down 1.54% intraday.
Vietnamese police reported on the ONUS cryptocurrency case, seizing over 350 kilograms of gold and silver and freezing eight real estate transactions.
Foresight News , citing Vietnam's Tuoi Tre newspaper, the Vietnamese Ministry of Public Security recently held a press conference to report on the investigation into the ONUS cryptocurrency case. A representative from the Investigation and Security Department (A09) of the Ministry of Public Security stated that in the investigation of the ONUS cryptocurrency exchange's alleged embezzlement, police have seized over 350 kilograms of gold and silver, frozen transactions involving eight properties worth 200 billion Vietnamese dong, and suspended over 300 bank accounts used by the defendants to trade with investors. On March 23rd of this year, police filed criminal charges against eight defendants, accusing them of using computer and telecommunications networks to commit embezzlement and money laundering. Since 2018, the perpetrators have exploited the public's lack of understanding of cryptocurrencies, creating digital accounts through applications and packaging them as virtual currencies. They built trust and attracted investment through cyclical buying and selling between affiliated companies, ultimately embezzling funds. Between 2018 and 2021, they sold over 7 trillion Vietnamese dong worth of cryptocurrency. A representative from A09 stated that the case involves numerous individuals and users, with approximately 5 million user accounts currently in operation. Police have received over 2,000 reports from citizens, and the recovery of assets is ongoing. They are also investigating whether social media influencers colluded with the defendants in promoting the cryptocurrency.
Spot gold and silver prices rose in the short term, with silver gaining over 1% intraday.
According to Odaily data, spot gold and silver prices rose in the short term, with gold breaking through $4,160 per ounce, up 0.88% on the day, and silver up 1.00% to $61.58 per ounce.
As oil prices fell, US Treasury yields fluctuated and the dollar strengthened.
According to Odaily data, the US dollar index is currently up 0.2%. The 10-year US Treasury yield is at 4.459%, higher than the closing price of 4.447% last Thursday. The 2-year US Treasury yield fell from 4.130% to 4.108%. As US markets reopened after the holidays, a Middle East peace agreement remained elusive, and last week's labor market data disappointed, US Treasury yields fluctuated, while the dollar rose slightly. Meanwhile, OPEC+ agreed to increase production, causing oil prices to fall. The Federal Reserve meeting minutes will be released on Wednesday, making this week relatively quiet in terms of data.