Due to data released on the same day showing that short-term inflation expectations of US consumers have dropped to a three-year low and overall risk appetite in the financial market has improved, the US dollar fell against a basket of currencies on the 8th, and the US dollar index rose overnight in the market. It significantly declined in the morning of the day, followed by a narrowing of the decline, and the US dollar index fell in the end of the day. The US dollar index, which measures the US dollar against six major currencies, fell 0.2% in the day and closed at 102.209 at the end of the foreign exchange market.

On Monday (January 8th), the situation for gold in January this year was not very optimistic, with spot gold falling more than 1% during trading. Currently, the market expects gold prices to continue to decline, with a focus on the key price of $2000 per ounce. Gold still has a trend line support around $2020 per ounce, but sellers are currently in a dominant position. Unless bond yields begin to decline or the market reverses last week's price trend for other reasons, the situation is unlikely to change. From the current situation, the market may not be able to determine the future trend of gold until the release of US CPI data on Thursday.

On Monday (January 8th), international crude oil settlement prices fell by over 3% due to significant price cuts from Saudi Arabia, the largest exporter, and increased OPEC production offsetting supply concerns caused by the escalation of geopolitical tensions in the Middle East.