Dollar assets face a sell-off wave, and several EU countries are considering restricting US companies from entering the market.

Due to factors such as the tension in EU-US economic and trade relations, international precious metal prices continued to rise on the 20th day, with the prices of gold and silver reaching new highs in the session. On the 20th, the price of gold broke through $4,700 per ounce in the session, setting a new record. According to media reports, analysts believe that the recent US threat to impose tariffs on several European countries has once again brought great uncertainty, prompting investors to sell off dollar assets and flock to safe-haven assets. The US recently announced tariffs on European countries opposing the US acquisition of Greenland. In response, several EU countries are considering imposing tariffs on US goods worth 930 billion euros or restricting American companies from entering the EU market. In addition, Bloomberg reported that European countries are also considering selling US bonds.