The market is digesting the impact of US tariff policies, and the US dollar began to decline again on Thursday Investors seeking safe haven assets, gold price hits historic high approaching $3060

28 Mar, 2025

On Thursday, due to the uncertain outlook brought by Trump's tariff policies to the US economy

On Thursday, due to the uncertain outlook brought by Trump's tariff policies to the US economy, the US dollar index maintained a downward trend throughout the day, ultimately closing down 0.37% at 104.28. The benchmark 10-year US Treasury yield closed at 4.3660%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 4.0020%. Gold prices climbed to a historic high of 3059.35 on Thursday, as investors sought safe haven assets amid escalating global trade tensions and a stock market crash, following US President Trump's announcement of new car tariffs Due to investors still evaluating the tightening of crude oil supply and the expected impact of new US tariffs on the world economy, international oil prices fluctuated narrowly, and WTI crude oil ultimately closed slightly lower by 0.05%, at $69.84 per barrel; Brent crude oil closed down 0.96% at $73.30 per barrel.

 

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