According to CoinMeta, a 10xResearch report indicates that last week gold and silver both rose by 6%. Precious metals continued their rebound momentum driven by weak employment reports, the unexpected announcement by the Treasury Department to double the amount of long-term debt repurchases, and the safe-haven demand resulting from the unresolved tensions between the US and Iran. Meanwhile, WTI crude oil rose by 5%, breaking through $87, as geopolitical risk premiums related to potential disruptions in Middle Eastern supply due to Trump's exclusion of the possibility of resuming the ceasefire agreement with Iran remained in the prices. The Hong Kong and healthcare sectors both rose by 4%, while technology stocks declined, reflecting a classic rotation of funds from expensive AI/technology stocks to defensive and value stocks.