Group 1 - The Federal Reserve's interest rate cuts and balance sheet expansion have led to a decline in U.S. Treasury yields and a drop in the U.S. dollar index, resulting in a significant increase in international gold prices by over 2% on December 11 [1][3] - As of the close, the gold futures price for February delivery on the New York Commodity Exchange reached $4313.0 per ounce, marking a rise of 2.09% [3] - Silver futures prices continued their strong upward trend, driven by supply shortages, urgent spot inventory needs, and a surge in industrial demand due to global green transformation, with financial institutions optimistic about silver price increases in the coming year [3] Group 2 - The silver futures price on the New York Commodity Exchange for March delivery closed at $64.592 per ounce, reflecting a substantial increase of 5.84% and setting a new historical closing high [3]

Group 1 - The market is focused on the upcoming U.S. non-farm payroll data for September, with expectations of 59,000 new jobs and an unemployment rate stable at 4.3% [1] - The release of the employment report is contingent on avoiding a government shutdown, with ongoing disagreements between Democrats and Republicans on federal funding [1] - The Federal Reserve is facing challenges in balancing inflation control and job protection, with inflation expected to remain above the target until late 2027 or early 2028 [2] Group 2 - European bond yields are declining, with the 10-year German bond yield down 1.6 basis points to 2.729% and the 10-year Italian bond yield down 2.4 basis points to 3.587% [2] - The UK Chancellor did not disclose where spending cuts will occur in the upcoming budget but emphasized the need to address long-term youth unemployment [3] - Japanese bond yields are also trending down, with the 2-year yield falling to 0.928% and the 10-year yield at 1.642% [3]