Trump's "yo-yo" comments and US-Japan forex talk pushed the dollar to a 4-year low, hitting 5190.

On Tuesday, due to Trump's remarks about the "yo-yo" of the US dollar and signs of coordinated action by traders to intervene in the foreign exchange market, the US dollar index plummeted to a nearly four-year low of 95.51 during trading, ultimately closing down 1.32% at 95.75; The benchmark 10-year Treasury yield closed at 4.250%, while the 2-year Treasury yield sensitive to the Federal Reserve policy rate closed at 3.586%. Spot gold prices closed up 3.45% on Tuesday (January 27th) at $5181.04 per ounce, hitting a record high of $5190.20 during trading. This strong upward trend has led to a cumulative increase of 19.56% for gold so far this year, continuing the record breaking rise of 2025. From the risk of government shutdown in the United States, to the sharp drop in the US dollar caused by Trump's remarks, and to the escalation of tensions in the Middle East, multiple favorable factors have provided strong momentum for gold prices. Institutional analysts are generally optimistic about the prospects of gold. Due to a winter storm causing a sharp decline in US crude oil production, crude oil surged by nearly 3% at one point. WTI crude oil started to rise before the US market and surged to $62, ultimately closing up 2.84% at $62.65 per barrel; Brent crude oil closed up 2.61% at $66.53 per barrel.