On Wednesday (August 21), the US dollar index fell for the fourth consecutive trading day, briefly breaking through the 101 level during trading, hitting a new low for the year, and finally closing down 0.191% at 101.17. US Treasury yields continue to decline, with the benchmark 10-year US Treasury yield closing at 3.805%; The yield of the two-year US Treasury bond, which is more sensitive to monetary policy, ultimately closed at 3.943%.

Gold prices bottomed out and rebounded on Wednesday (August 21), briefly falling below the 2500 mark during trading, but then quickly rebounded, closing at $2512.26 per ounce. The US Department of Labor revised its employment data, and the minutes of the last Federal Reserve meeting showed that policymakers strongly tended to cut interest rates at the September policy meeting. The continued decline in US dollar and Treasury yields continued to provide support for gold prices. In addition, the deadlock in Gaza ceasefire negotiations has provided safe haven support for gold prices.

On Wednesday (August 21), despite the unexpected decline in US EIA crude oil inventories, commodity trading advisors (CTAs) tracking trends continued to intensify selling, causing international oil prices to fall to a six-month low. WTI crude oil fell below the 72 mark and ultimately closed down 1.62% at $71.8 per barrel; Brent crude oil ultimately closed down 1.33% at $75.63 per barrel.