CWG Markets impacted by US shutdown risk, USD down; gold >$3,800, target $3,860.

On Monday, the US dollar index fell and fell below the 98 mark, eventually closing down 0.24% at 97.94, affected by the possible shutdown of the US government. The benchmark 10-year US Treasury bond yield closed at 4.144%, and the 2-year US Treasury bond yield, which is sensitive to the Fed's policy interest rate, closed at 3.635%. On Monday (September 29), the spot gold price broke through the $3,800 mark per ounce for the first time and finally closed at $3,833.73, a single-day surge of 1.9%. This seemingly sudden outbreak is actually the inevitable result of the combined catalysis of monetary policy expectations, political risks, and geopolitical conflicts. Due to the OPEC+ plan to increase production again in November, crude oil fell 3%. WTI crude oil fell more than 3% during the day and once fell to an intraday low of $62.83, eventually closing down 3.06% at $62.98 per barrel; Brent crude oil finally closed down 2.89% at $66.66 per barrel.