Shanghai crude oil futures fell 2.56% in the night session; gold and silver closed higher.

Crude oil futures listed on the Shanghai International Energy Exchange closed down 2.56% during the night session, with a settlement price of 712.90 yuan per barrel. Gold futures on the Shanghai Futures Exchange closed up 1.05% during the night session, while silver futures closed up 0.93%. Recently, the commodity market has experienced significant volatility, with the energy and chemical sector and the precious metals sector showing divergent trends. This market behavior is closely linked to multiple factors, including changes in the international crude oil supply and demand structure, fluctuations in the US Dollar Index, and rising global risk aversion sentiment.