Fed minutes: divided views; USD up, gold trims gains.

On Tuesday, the US dollar index stabilized above the 98 level and ultimately closed up 0.213% at 98.22; The yield on US Treasury bonds has slightly increased, with the benchmark 10-year yield closing at 4.127% and the 2-year yield sensitive to the Federal Reserve policy rate closing at 3.459%. Despite a strong rebound in spot gold prices on Tuesday (December 30th), the final increase narrowed, reflecting a tug of war between the sustained demand for safe haven assets in the market and the strengthening of the US dollar. However, throughout the year, the price of gold has risen by 66%, which is expected to be the most impressive year since 1979. This phenomenon is not only due to the Federal Reserve's monetary policy adjustments, but also influenced by the central bank's purchases of gold, capital inflows, and international hot events. On Wednesday (December 31st), in the morning session of the Asian market, spot gold fluctuated narrowly and is currently trading at $4336.95 per ounce. As investors weigh the slim hope of a peace agreement between Russia and Ukraine and the escalating geopolitical tensions in the Middle East, international crude oil volatility is stabilizing. WTI crude oil hovered around the 58 mark, ultimately closing up 0.21% at $57.87 per barrel; Brent crude oil ultimately closed up 0.16% at $61.32 per barrel.