U.S. stocks surge | Spot gold breaks through the $3400 level Gold ETF (GLD.US) rises 1.5%

According to the Wisdom Finance and Economics app, on Monday, the gold sector strengthened, with spot gold breaking through the $3400 mark. As of press time, the Gold ETF (GLD.US) rose by 1.5%, Barrick Mining (B.US) rose by 3.77%, Gold Fields (GFI.US) rose by over 5%, and Harmony Gold (HMY.US) rose by over 7%. On the news front, U.S. Treasury Secretary Beisenet today stated that the Federal Reserve as an institution needs to undergo comprehensive examination and evaluate whether it operates successfully. Beisenet refused to comment on reports that he had advised President Trump not to dismiss Federal Reserve Chairman Powell. He said that this decision would be made by the president. However, he stated that the Federal Reserve should be subject to scrutiny, accused it of "creating panic on tariff issues", and pointed out that so far, there has been almost no inflation impact.