Consumer confidence up, USD rises; Trump's volatility drives gold swings.

Last Friday, driven by hopes of easing global trade tensions, the US dollar index rose and ultimately closed up 0.325% at 99.61, ending a four week losing streak. The yield on US Treasury bonds continues to decline, with the benchmark 10-year yield closing at 4.24%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.744%. At the beginning of the Asian market on Monday (April 28th), spot gold fluctuated slightly and fell slightly. At the opening, it rose to around $3336.46 per ounce, but quickly gave up the gains. Currently, it is trading near the $3310 mark, with a decline of about 0.16%. After several days of continuous selling storms, the momentum of the gold market has significantly weakened, and the bullish sentiment of Wall Street institutions and retail investors has reversed synchronously. Kitco's latest Golden Week survey shows that only a few analysts and retail investors still maintain a bullish stance, indicating a significant shift in market direction. Due to the ongoing uncertainty in tariff negotiations, international crude oil prices have risen slightly for the second consecutive day. WTI crude oil once again hit the 63 mark, ultimately closing up 0.57% at $62.98 per barrel; Brent crude oil closed up 0.38% at $65.91 per barrel.