Shanghai crude oil futures rose 6.19% in the night session; gold and silver closed lower.

The Shanghai International Energy Exchange crude oil futures night session closed up 6.19%, at 816.00 yuan per barrel. The Shanghai Gold Exchange gold futures night session closed down 1.46%, and silver futures night session closed down 5.07%. The divergence in performance of bulk commodities during this night session also reflects the impact of multiple intertwined factors in the current global market. The rise in crude oil prices may be linked to relevant news on international crude oil supply and changes in geopolitical situations, while the pullback in the precious metals sector is related to short-term fluctuations in the US dollar index and changes in market risk appetite.