US-Iran tensions high; USD falls after Monday rise. Gold >$4830, US oil around $85.50.

On Monday, the US dollar index opened high and continued to decline, falling to around the 98 level before closing down 0.19% at 98.04; The benchmark 10-year Treasury yield closed at 4.254%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.725%. On the just passed Monday (April 20th), spot gold staged a thrilling “V-shaped” reversal drama - falling to a one week low during trading and then rebounding tenaciously. Behind this is not only the fluctuation of numbers, but also the result of the intertwined effects of geopolitical storms, changes in the trend of the US dollar, and severe fluctuations in the global energy market. On Tuesday (April 21st) morning trading in the Asian market, spot gold fluctuated narrowly and is currently trading around $4825 per ounce. Due to the optimistic messages released by Trump being refuted one by one by Iran last weekend, the prospects for US Iran peace talks are uncertain, and international oil prices opened high on Monday. WTI crude oil jumped short and opened 5% higher, then fluctuated at a high level, ultimately closing up 1.91% at $88.55 per barrel; Brent crude oil ultimately closed up 2.51% at $90.39 per barrel.