Report Summary 1. Report Industry Investment Rating No relevant content provided. 2. Core Views - Supported by the main logic of the Fed's September interest rate cut, the trading sentiment in the precious metals market was highly optimistic, and the gold prices in both domestic and international markets continued to hit record highs. However, there was pressure for a phased correction due to overbought behavior, and the market entered a high - level shock [8]. - The probability of a September interest rate cut has risen to 99%, and the expectation has been largely digested by the market. In the short term, there may be a need for a correction. The market will focus on the US August non - farm payrolls report. In the long term, the precious metals market is still supported by the marginal damage to the US dollar's credit and hedging demand [8]. - It is recommended to wait and see for now, and consider light - position layout at low levels after a correction. Specific price ranges are provided for different contracts [8]. 3. Summary by Directory 3.1 Week - on - Week Summary - **Market Review**: Influenced by factors such as the Fed's interest rate cut expectation, US trade deficit, PMI data, and employment data, gold prices reached a record high this week. But since Thursday, the upward momentum of gold and silver prices has slowed down, and the market has entered a high - level shock [8]. - **Market Outlook**: The probability of a September interest rate cut is 99%, and the expectation has been digested. There may be a short - term correction. The market focuses on the non - farm payrolls report. In the long run, the market is supported by the US dollar's credit and hedging demand [8]. - **Operation Suggestion**: Wait and see for now, and consider light - position layout at low levels after a correction. Provide price ranges for different contracts [8]. 3.2 Futures and Spot Markets - **Price Changes**: As of September 5, 2025, COMEX silver was at $41.39 per ounce, up 1.56% week - on - week; COMEX gold was at $3606.50 per ounce, up 2.56% week - on - week. The Shanghai silver and gold futures contracts also had significant increases [11]. - **ETF Holdings**: As of September 4, 2025, the net holdings of foreign - market gold ETFs increased, while those of silver ETFs decreased slightly [12]. - **Speculative Positions**: As of August 26, 2025, COMEX gold speculative net positions increased, and silver speculative net positions decreased [17]. - **CFTC Positions**: As of August 26, 2025, the week - on - week increase in CFTC gold long positions and the decrease in short positions [22]. - **Basis Changes**: As of September 5, 2025, the gold basis in the Shanghai market weakened, and the silver basis strengthened [27]. - **Inventory Changes**: As of September 4, 2025, both gold and silver inventories increased [32]. 3.3 Industry Supply and Demand - **Silver Industry**: As of July 2025, silver imports decreased slightly, and silver ore imports rebounded significantly. The downstream semiconductor demand for silver drove the growth of integrated circuit production [38][43]. - **Silver Supply and Demand**: The silver market was in a tight - balance pattern, and the supply - demand gap was narrowing year by year [48][54]. - **Gold Industry**: As of September 4, 2025, the gold recycling price and jewelry price increased with the rise of gold prices [58]. - **Gold Supply and Demand**: In Q2 2025, the investment demand for gold ETFs declined slightly, and the central bank's gold - buying pace slowed down, causing a marginal decline in gold jewelry manufacturing demand [62]. 3.4 Macro and Options - **Macro Data**: The US dollar rebounded from oversold levels this week, and the 10 - year US Treasury yield remained under pressure. The 10Y - 2Y Treasury yield spread narrowed slightly, the CBOE gold volatility increased significantly, and the SP500/COMEX gold price ratio continued to decline. The 10 - year US break - even inflation rate decreased. In August 2025, the People's Bank of China increased its gold reserves by about 2.18 tons [65][69][73][77].

1. Report Industry Investment Rating - Not provided in the document 2. Core View of the Report - The precious metals market continued its strong rebound this week due to dovish stances from Fed officials, stable rate - cut expectations, and increased market risk - aversion. Despite economic data showing resilience, the dollar was not supported, and the "asymmetry" in economic indicators affected the long - end yield of US Treasuries, boosting the monetary attribute of gold. The market is awaiting the July core PCE data and the next non - farm payroll report. If inflation continues to slow and employment data weakens, the expectation of Fed rate cuts will rise, potentially driving gold prices higher. The Russia - Ukraine cease - fire negotiation is a variable, but currently, the willingness of Russia to reach a cease - fire is low. It is recommended to make light - position layouts on dips [7]. 3. Summary by Directory 3.1 Weekly Highlights Summary - **Market Review**: After the Jackson Hole meeting, Fed officials showed dovish stances, and Trump's actions increased risk - aversion. The US Q2 GDP growth rate was revised up to 3.3%, the labor market was resilient, and inflation data showed a slowdown. However, the dollar was not supported, and the precious metals market remained resilient [7]. - **Market Outlook**: The July core PCE data on Friday night will be a key guide. If it shows inflation slowdown, the expectation of Fed rate cuts may rise, and gold prices may break new highs. The non - farm payroll report next Friday is also crucial. A slowdown in employment data will boost rate - cut expectations. The Russia - Ukraine cease - fire negotiation may affect gold's safe - haven property, but its impact is currently limited [7]. - **Operation Suggestion**: It is recommended to make light - position layouts on dips. The expected price ranges for Shanghai gold 2510 contract are 750 - 800 yuan/gram, and for Shanghai silver 2510 contract are 9350 - 9450 yuan/kilogram. For London gold, it is 3350 - 3450 dollars/ounce, and for London silver, it is 38.5 - 39.5 dollars/ounce [7]. 3.2 Futures and Spot Markets - **Price Changes**: Gold and silver prices rose this week. As of August 29, 2025, COMEX silver was at 39.55 dollars/ounce, up 0.34% month - on - month; Shanghai silver 2510 contract was at 9386 yuan/kilogram, up 2.11% month - on - month. COMEX gold was at 3470 dollars/ounce, up 1.54% month - on - month; Shanghai gold 2510 contract was at 785.12 yuan/gram, up 1.52% month - on - month [9][11]. - **ETF Holdings**: The net holdings of gold and silver ETFs on the foreign market increased this week. As of August 28, 2025, the SLV silver ETF holdings were 15333 tons, up 0.40% month - on - month, and the SPDR gold ETF holdings were 967.94 tons, up 1.20% month - on - month [13][17]. - **Speculative Positions**: As of August 19, 2025, COMEX gold speculative net positions decreased, while silver speculative net positions increased. The total and net positions of COMEX gold decreased, while those of COMEX silver increased [19][23]. - **CFTC Positions**: As of August 19, 2025, CFTC gold long positions decreased week - on - week, and short positions increased [25][29]. - **Basis**: The basis of gold and silver in the Shanghai market weakened this week. As of August 28, 2025, the gold basis was - 3.22 yuan/gram, down 51.9% month - on - month, and the silver basis was - 28 yuan/kilogram, down 247.40% month - on - month [31][33]. - **Inventory**: The inventory of gold on the Shanghai Futures Exchange increased this week, while that of silver decreased, showing a differentiated trend from COMEX inventory. As of August 28, 2025, COMEX gold inventory was 38764636.49 ounces, up 0.49% month - on - month; Shanghai Futures Exchange gold inventory was 37455 kilograms, up 3.05% month - on - month. COMEX silver inventory was 508778300 ounces, up 0.10% month - on - month; Shanghai Futures Exchange silver inventory was 1109123 kilograms, down 2.80% month - on - month [35][39]. 3.3 Industry Supply and Demand Situation 3.3.1 Silver Industry - **Imports**: As of July 2025, China's silver imports decreased slightly, while silver ore imports rebounded significantly. The monthly value of silver imports was 252977.88 kilograms, down 7.46% month - on - month, and the monthly value of silver ore imports was 154158134.00 kilograms, up 22.32% month - on - month [41][45]. - **Downstream Demand**: As of July 2025, due to the growth of silver demand in semiconductors, the growth rate of integrated circuit production continued to rise. The monthly output of integrated circuits was 4690000.00 pieces, and the year - on - year growth rate was 15% [47][51]. - **Supply and Demand Balance**: The silver supply and demand were in a tight - balance pattern. As of the end of 2024, industrial demand was 680.5 million ounces, up 4% year - on - year; coin and net bar demand was 190.9 million ounces, down 22% year - on - year; silver ETF net investment demand was 61.6 million ounces, compared with - 37.6 million ounces in the previous year; total demand was 1164.1 million ounces, down 3% year - on - year. The supply - demand gap was narrowing year by year. As of the end of 2024, total supply was 1015.1 million ounces, up 2% year - on - year; total demand was 1164.1 million ounces, down 3% year - on - year; the supply - demand gap was - 148.9 million ounces, down 26% month - on - month [53][57][61]. 3.3.2 Gold Industry - **Prices**: This week, the gold recycling price and gold jewelry prices rose with the gold price. As of August 28, 2025, the Chinese gold recycling price was 776.40 yuan/gram, up 0.83% week - on - week. The prices of Laofengxiang, Chow Tai Fook, and Zhou Dafu gold also increased [63][65]. - **Supply and Demand**: According to the World Gold Council, in Q2 2025, the investment demand for gold ETFs declined slightly. The pace of central bank gold purchases slowed, and the high gold price led to a marginal decline in gold jewelry manufacturing demand [67]. 3.4 Macro and Options - **Macro Data**: Recently, the expectation of rate cuts has risen significantly, and the dollar has continued to weaken. The 10Y - 2Y US Treasury yield spread widened, the CBOE gold volatility increased, and the SP500/COMEX gold price ratio decreased. The 10 - year breakeven inflation rate in the US increased slightly this week. In August 2025, the People's Bank of China increased its gold reserves by about 2.18 tons [73][78][83][88].

Core Viewpoint - International gold prices have declined to their lowest level in over two weeks, with December gold futures closing at $3358.7 per ounce, down 0.57% [1] Group 1: Domestic Gold Prices - Some domestic gold jewelry brands have seen their prices drop to 979 yuan per gram, with specific prices for brands such as Zhou Shengsheng at 999 yuan per gram and Lao Miao at 1002 yuan per gram [3][4] Group 2: Market Analysis - The market remains cautious ahead of Federal Reserve Chairman Jerome Powell's upcoming speech, leading to a repositioning in the short-term precious metals market, which has contributed to further declines in gold and silver prices [6] - The dollar index has slightly increased, adding downward pressure on the precious metals market [6] - Despite short-term headwinds from position adjustments and reduced safe-haven demand, the long-term upward trend for precious metals is supported by the Federal Reserve's accommodative policy direction [6] - UBS has raised its gold price target for March 2026 by $100 to $3600 per ounce, citing ongoing macroeconomic risks in the U.S., a decline in dollar usage, and strong investment demand [6] - The World Gold Council reports that while central bank gold purchases slowed in Q2 2025, the volume remains 41% higher than the average from 2010 to 2021, indicating that central bank gold buying is still at a significantly high level [6][7] - The long-term advantages of gold in terms of safe-haven, inflation hedging, and value preservation are widely recognized in the industry [7]

Report Summary 1. Report Industry Investment Rating - No information provided in the report regarding industry investment rating. 2. Core Viewpoint - The Shanghai Gold main contract fluctuated during the session, while the Shanghai Silver contract weakened significantly. The US Department of Commerce's tariff - increasing policy has caused the precious metals market to experience a correction due to the spill - over effect of steel and aluminum tariffs. However, the tariffs have no substantial impact on silver, and the probability of silver being additionally taxed is extremely low. The current correction may be mainly driven by market sentiment. The S&P's confirmation of the US sovereign credit rating has supported the US dollar, and the dollar index has continued its rebound from a low level. The market is currently focusing on the cease - fire expectation between Russia and Ukraine and the expected trading around the Fed's interest - rate cuts at the Jackson Hole meeting on Friday. If Fed Chairman Powell further releases hawkish signals, the dollar index and US Treasury yields may continue to rebound, putting pressure on the upward movement of gold prices. In the short term, if there is no significant progress in the geopolitical situation, the precious metals market is expected to continue to trade within a range, and mid - term interest - rate cuts provide strong support for the bottom of gold prices. The negotiation between Russia and the US may affect the gold price. If the negotiation makes substantial progress, it may further relieve the downward pressure on the gold price; if it fails to meet expectations, it may increase the demand for safe - haven buying. It is recommended to maintain a wait - and - see attitude towards gold in the short term, and pay attention to short - term rebound trading opportunities for silver as it approaches the oversold range. The recommended trading range for the Shanghai Gold 2510 contract is 770 - 800 yuan/gram, and for the Shanghai Silver 2510 contract is 9000 - 9100 yuan/kilogram [2]. 3. Summary by Relevant Catalogs 3.1 Futures Market - **Prices**: The closing price of the Shanghai Gold main contract was 772.68 yuan/gram, down 2.38 yuan; the closing price of the Shanghai Silver main contract was 9042 yuan/kilogram, down 145 yuan [2]. - **Positions**: The main - contract positions of Shanghai Gold were 191,474 lots, up 39 lots; the main - contract positions of Shanghai Silver were 318,678 lots, down 23,822 lots. The net positions of the top 20 in the Shanghai Gold main contract were 160,754 lots, down 1365 lots; the net positions of the top 20 in the Shanghai Silver main contract were 114,342 lots, down 5142 lots [2]. - **Warehouse Receipts**: The warehouse - receipt quantity of gold was 36,582 kilograms, up 249 kilograms; the warehouse - receipt quantity of silver was 1,140,199 kilograms, down 9247 kilograms [2]. 3.2现货市场 - **Spot Prices and Basis**: The Shanghai Non - ferrous Metals Network's gold spot price was 768.7 yuan/gram, down 4.2 yuan, and the basis of the Shanghai Gold main contract was - 3.98 yuan/gram. The Shanghai Non - ferrous Metals Network's silver spot price was 9026 yuan/kilogram, down 128 yuan, and the basis of the Shanghai Silver main contract was - 16 yuan/kilogram, down 17 yuan [2]. 3.3 Supply and Demand Situation - **ETF Holdings**: The gold ETF holdings were 962.21 tons, down 3.15 tons; the silver ETF holdings were 15,339.66 tons, down 16.94 tons [2]. - **CFTC Non - commercial Net Positions**: The gold CFTC non - commercial net positions were 229,485 contracts, down 7565 contracts; the silver CFTC non - commercial net positions were 44,268 contracts, down 6390 contracts [2]. - **Supply and Demand Volumes**: The total quarterly supply and demand of gold were both 1313.01 tons, with an increase of 54.84 tons in supply and 54.83 tons in demand. The annual total supply of silver was 987.8 million troy ounces, down 21.4 million troy ounces, and the annual global total demand for silver was 1195 million ounces, down 47.4 million ounces [2]. 3.4 Option Market - **Historical Volatility**: The 20 - day historical volatility of gold was 10.17%, down 0.53%; the 40 - day historical volatility of gold was 10.6%, up 0.12% [2]. - **Implied Volatility**: The implied volatility of at - the - money call and put options for gold was 17.36%, up 0.33% [2]. 3.5 Industry News - The US Department of Commerce added 407 product categories to the steel and aluminum tariff list, with a 50% tax rate. The new list covers a wide range of products, including wind turbines and their components, mobile cranes, railway vehicles, furniture, compressors, and pump equipment [2]. - US President Trump said the US would help Ukraine defend but would not send ground troops, and reiterated that Ukraine would not be allowed to join NATO [2]. - The US and Japan plan to conduct in - depth consultations on implementing a $550 billion investment in the US. The investment involves important fields such as semiconductors, pharmaceuticals, steel, and shipbuilding, and a mechanism to verify national interests will be established [2]. - S&P confirmed the US "AA+/A - 1+" sovereign credit rating with a stable outlook, reflecting the expected continuous resilience of the US economy [2]. - The European Central Bank President Lagarde said the trade agreement between the US and the EU was slightly higher than expected but far from the severe scenario of US tariffs exceeding 20% [2].

Group 1 - International precious metals market experienced a decline, with silver dropping nearly 2% [1] - As of the close on August 19, 2025 December gold futures fell by $19.1, settling at $3358.9 per ounce, a decrease of 0.57% [1] - The market is cautious ahead of Federal Reserve Chairman Jerome Powell's upcoming speech, leading to a short-term adjustment in precious metal positions [1][2] Group 2 - The US dollar index rose by 0.1%, closing at 98.265, which negatively impacted the precious metals market [2] - The annual Jackson Hole global central bank conference is approaching, with market participants keenly awaiting Powell's policy signals [2] - UBS raised its gold price target for March 2026 by $100 to $3600 per ounce, citing ongoing macroeconomic risks in the US and strong investment demand [2] Group 3 - September silver futures closed down by $0.735, settling at $37.330 per ounce, a decline of 1.93% [3] - December silver futures also fell by $0.74, closing at $37.820 per ounce, a decrease of 1.92% [3]

Group 1 - The international precious metals market experienced a decline, with silver dropping nearly 2% [1] - As of the close on August 19, 2025 December gold futures fell by $19.1, settling at $3358.9 per ounce, a decrease of 0.57% [1] - The market is cautious ahead of Federal Reserve Chairman Jerome Powell's upcoming speech, leading to a repositioning in the short-term precious metals market [1] Group 2 - The U.S. dollar index rose by 0.1%, closing at 98.265, which negatively impacted the precious metals market [1] - The annual Jackson Hole global central bank conference is approaching, with market participants keenly awaiting Powell's policy signals [1] - UBS raised its gold price target for March 2026 by $100 to $3600 per ounce, citing ongoing macroeconomic risks in the U.S., declining dollar usage, and strong investment demand [2] Group 3 - Silver futures for September closed down by $0.735, at $37.330 per ounce, a decline of 1.93% [2] - December silver futures also fell by $0.74, closing at $37.820 per ounce, a decrease of 1.92% [2]

Group 1: Precious Metals - Spot platinum (XPTUSD) is priced at 1297.550, down by 7.000 or 0.54% [2] - Spot palladium (XPDUSD) is priced at 1210.650, down by 1.600 or 0.13% [2] - Gold (COMEX) is priced at 3348.300, up by 20.400 or 0.61% [2] - Silver (COMEX) is priced at 36.365, down by 0.810 or 2.18% [2] Group 2: Foreign Exchange - Euro to US Dollar (EURUSD) is at 1.144, up by 0.34% [3] - British Pound to US Dollar (GBPUSD) is at 1.323, down by 0.06% [3] - US Dollar to Japanese Yen (USDJPY) is at 149.943, up by 0.28% [3] - Australian Dollar to US Dollar (AUDUSD) is at 0.644, up by 0.10% [3] - US Dollar to Swiss Franc (USDCHF) is at 0.813, down by 0.21% [3] Group 3: Cryptocurrencies - Bitcoin is priced at 118505.020, up by 664.720 or 0.56% [4] - Litecoin is priced at 110.620, up by 0.120 or 0.11% [4] - Ethereum is priced at 3855.480, up by 45.480 or 1.19% [4] - Ripple is priced at 3.171, up by 0.075 or 2.41% [4] Group 4: Treasury Bonds - US 2-year Treasury yield is at 3.943, up by 0.006 or 0.15% [6] - US 5-year Treasury yield is at 3.957, down by 0.008 or 0.20% [7] - US 10-year Treasury yield is at 4.360, down by 0.017 or 0.39% [7] - US 30-year Treasury yield is at 4.888, down by 0.025 or 0.51% [7] - UK 10-year Treasury yield is at 4.607, down by 0.002 or 0.04% [7] - German 10-year Treasury yield is at 2.705, down by 0.001 or 0.04% [7] - French 10-year Treasury yield is at 3.364, up by 0.003 or 0.09% [7] - Italian 10-year Treasury yield is at 3.545, down by 0.007 or 0.20% [7] - Japanese 10-year Treasury yield is at 1.562, up by 0.008 or 0.51% [7]

Group 1: Precious Metals - Spot platinum (XPTUSD) is priced at 1396.740, showing an increase of 6.190 or 0.45% [2] - Spot palladium (XPDUSD) is priced at 1237.870, with a rise of 8.540 or 0.69% [2] - Gold (COMEX) is trading at 3318.300, up by 4.300 or 0.13% [2] - Silver (COMEX) is at 38.305, down by 0.025 or 0.07% [2] Group 2: Foreign Exchange - Euro to USD (EURUSD) is at 1.153, decreasing by 0.50% [3] - GBP to USD (GBPUSD) is at 1.332, down by 0.25% [3] - USD to JPY (USDJPY) is at 148.625, increasing by 0.06% [3] - AUD to USD (AUDUSD) is at 0.651, down by 0.23% [3] - USD to CHF (USDCHF) is at 0.807, up by 0.46% [3] Group 3: Cryptocurrencies - Bitcoin is priced at 118840.010, increasing by 777.690 or 0.66% [4] - Litecoin is at 110.010, up by 0.990 or 0.91% [4] - Ethereum is trading at 3853.510, with an increase of 54.510 or 1.43% [4] - Ripple (XRP) is priced at 3.160, up by 0.036 or 1.17% [4] Group 4: Treasury Bonds - The yield on the 2-year US Treasury bond is at 3.906 [6] - The yield on the 5-year US Treasury bond is at 3.953, down by 0.029 or 0.73% [7] - The yield on the 10-year US Treasury bond is at 4.380, decreasing by 0.062 or 1.40% [7] - The yield on the 30-year US Treasury bond is at 4.926, down by 0.039 or 0.79% [7] - The yield on the 10-year UK Treasury bond is at 4.643, down by 0.009 or 0.19% [7] - The yield on the 10-year German Treasury bond is at 2.701, increasing by 0.012 or 0.45% [7] - The yield on the 10-year French Treasury bond is at 3.355, up by 0.005 or 0.15% [7] - The yield on the 10-year Italian Treasury bond remains unchanged at 3.535 [7] - The yield on the 10-year Japanese Treasury bond is at 1.554, down by 0.006 or 0.38% [7]

Group 1: Precious Metals - Spot platinum (XPTUSD) is priced at 1438.130, down by 7.250 or 0.50% [2] - Spot palladium (XPDUSD) is priced at 1285.453, down by 10.633 or 0.82% [2] - Gold (COMEX) is priced at 3396.400, down by 13.900 or 0.41% [2] - Silver (COMEX) is priced at 39.120, down by 0.120 or 0.31% [2] Group 2: Foreign Exchange Rates - Euro to USD (EURUSD) is at 1.170, up by 0.07% [3] - GBP to USD (GBPUSD) is at 1.348, down by 0.10% [3] - USD to JPY (USDJPY) is at 147.535, up by 0.13% [3] - AUD to USD (AUDUSD) is at 0.651, down by 0.20% [3] - USD to CHF (USDCHF) is at 0.797, down by 0.07% [3] Group 3: Cryptocurrency - Bitcoin (BTC) is priced at 118952.870, up by 1572.500 or 1.34% [4] - Litecoin (LTC) is priced at 114.550, down by 0.880 or 0.76% [4] - Ethereum (ETH) is priced at 3698.410, down by 63.920 or 1.70% [4] - Ripple (XRP) is priced at 3.498, down by 0.052 or 1.45% [4] Group 4: Treasury Bonds - The 2-year US Treasury yield is at 3.867, up by 0.015 or 0.39% [6] - The 5-year US Treasury yield is at 3.927, up by 0.019 or 0.49% [7] - The 10-year US Treasury yield is at 4.394, up by 0.015 or 0.34% [7] - The 30-year US Treasury yield is at 4.963, up by 0.026 or 0.53% [7] - The 10-year UK Treasury yield is at 4.632, up by 0.028 or 0.61% [7] - The 10-year German Treasury yield is at 2.620, up by 0.002 or 0.08% [7] - The 10-year French Treasury yield is at 3.304, up by 0.006 or 0.18% [7] - The 10-year Italian Treasury yield is at 3.494, up by 0.007 or 0.20% [7] - The 10-year Japanese Treasury yield is at 1.512, down by 0.015 or 0.98% [7]

Group 1: Precious Metals - Spot platinum (XPTUSD) is priced at 1450.620, showing an increase of 5.240 or 0.36% [2] - Spot palladium (XPDUSD) is priced at 1292.376, reflecting a decrease of 3.710 or 0.29% [2] - Gold (COMEX) is trading at 3403.900, down by 6.400 or 0.19% [2] - Silver (COMEX) is priced at 39.175, decreasing by 0.065 or 0.17% [2] Group 2: Foreign Exchange - The euro to US dollar (EURUSD) is at 1.168, down by 0.08% [3] - The British pound to US dollar (GBPUSD) is at 1.348, down by 0.10% [3] - The US dollar to Japanese yen (USDJPY) is at 147.592, up by 0.17% [3] - The Australian dollar to US dollar (AUDUSD) is at 0.652, down by 0.12% [3] - The US dollar to Swiss franc (USDCHF) is at 0.799, up by 0.11% [3] Group 3: Cryptocurrencies - Bitcoin (BTC) is priced at 117355.800, down by 24.570 or 0.02% [4] - Litecoin (LTC) is at 115.500, increasing by 0.070 or 0.06% [4] - Ethereum (ETH) is priced at 3757.220, down by 5.110 or 0.14% [4] - Ripple (XRP) is at 3.529, decreasing by 0.020 or 0.57% [4] Group 4: Treasury Bonds - The US 2-year Treasury yield is at 3.859, up by 0.007 or 0.18% [6] - The US 5-year Treasury yield is at 3.911, increasing by 0.003 or 0.08% [7] - The US 10-year Treasury yield is at 4.374, down by 0.005 or 0.11% [7] - The US 30-year Treasury yield is at 4.938, up by 0.001 or 0.02% [7] - The UK 10-year Treasury yield is at 4.603, down by 0.001 or 0.02% [7] - The German 10-year Treasury yield is at 2.618, down by 0.073 or 2.71% [7] - The French 10-year Treasury yield is at 3.297, down by 0.099 or 2.92% [7] - The Italian 10-year Treasury yield is at 3.482, down by 0.094 or 2.63% [7] - The Japanese 10-year Treasury yield is at 1.520, down by 0.007 or 0.46% [7]