Group 1 - The US dollar index rose by 0.23% to close at 99.237, reflecting a strong performance against a basket of currencies due to easing trade tensions [1] - The White House confirmed that the 25% import tariff on automobiles will remain, but new measures will prevent the steel and aluminum tariffs from stacking on top of it [1] - The US Commerce Secretary announced that the Trump administration has reached its first trade agreement, although details regarding the involved countries were not disclosed [1] Group 2 - The US international trade deficit for March was reported at $162 billion, exceeding market expectations of $145 billion and the revised $147.8 billion from February [2] - The euro and pound weakened against the dollar, with the euro at 1.1382 and the pound at 1.3402, both lower than the previous trading day [2] - The dollar strengthened against the Japanese yen, Swiss franc, Canadian dollar, and Swedish krona, with notable rates of 142.29 yen, 0.8242 franc, 1.3846 dollar, and 9.6292 krona respectively [2]

Core Viewpoint - The recent fluctuations in gold prices are influenced by easing trade tensions between the U.S. and China, alongside changes in ETF holdings and market sentiment towards gold [1][2][3]. Group 1: Gold Price Movement - On April 25, gold prices closed at $3,318.62 per ounce, down $31.14 or 0.93%, with a daily high of $3,370.06 and a low of $3,264.99 [1]. - The market is currently experiencing a tendency for investors to buy on dips, suggesting a potential for gold prices to regain an upward trend despite recent declines [2]. Group 2: ETF Holdings and Market Sentiment - As of April 25, gold ETF holdings decreased by 2.29 tons to 946.27 tons, indicating a reduction in bullish sentiment towards gold [2]. - The total value of gold ETF holdings on April 25 was approximately $99.68 billion, down from about $101.07 billion on April 24 [2]. Group 3: Trade Tensions and Economic Indicators - Recent indications show that China is considering removing high tariffs on certain U.S. imports, which may alleviate trade tensions and positively impact gold prices [2]. - The U.S. dollar index has risen, contributing to increased costs for non-U.S. buyers of gold, thereby exerting downward pressure on gold prices [3].