USD consolidated weakly, and gold dropped near $3350.

On Thursday, thanks to the progress of funds between the United States and its trading partners, the US dollar index ended its four consecutive declines and ultimately closed up 0.3% at 97.5. The yield of US Treasury bonds continues to rebound, with the benchmark 10-year yield closing at 4.402% and the 2-year yield closing at 3.931%.

On Thursday (July 24th), under the dual pressure of global trade optimism and strong economic data, gold prices fell for two consecutive days, once approaching the psychological level of $3350 per ounce during trading, closing at $3368.35 per ounce, a decline of about 0.55%. The market's optimistic expectations for trade agreements between the United States, Japan, and the European Union have weakened the attractiveness of gold as a safe haven asset, while the unexpected improvement in US labor market data has further pushed up US dollar and US Treasury yields, putting significant downward pressure on gold prices.

Due to the expectation of a decrease in Russian gasoline exports outweighing the news of the United States allowing Chevron to resume oil extraction in Venezuela, international oil prices rebounded. WTI crude oil stabilized above the $65 mark and ultimately closed up 1.12% at $65.95 per barrel; Brent crude oil closed up 0.75% at $68.57 per barrel.