Summary of important news at home and abroad, the Ministry of Commerce retaliates against the United States, spot gold and silver surge

According to Gate market data, the Ministry of Commerce has taken countermeasures against U.S. compliance testing companies and strengthened export controls on dual-use items related to drones. At the same time, spot gold and silver both rose over 4%, with gold briefly rising above $4,260.

Federal Reserve official Kashkari stated that now is the time to gradually raise interest rates, but does not advocate for a significant rate hike. Regarding the situation in the Middle East, Iran and Oman are close to reaching a Strait agreement, with the new shipping route expected to be usable for 2 to 4 months.