USD rose slightly, gold hit $5100 then dropped.

On Wednesday, the US dollar index fluctuated upwards but remained within its recent range, ultimately closing up 0.25% at 97.63; The benchmark 10-year Treasury yield closed at 4.280%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.553%. The trend of gold prices on Wednesday can be considered a typical differentiated market. Spot gold once surged to $5091.63 per ounce, an increase of over 3%, but quickly gave up most of the gains in the following hours, hitting a low of around $4853 and finally closing at $4963.59, barely recording a slight increase of 0.3%. Due to the continued reversal of the US Iran nuclear talks, WTI crude oil surged sharply to $65 during the US trading session, rising nearly 2% at one point, then gave up some of the gains, and finally closed up 0.92% at $64.54 per barrel; Brent crude oil closed up 1.14% at $68.47 per barrel.