Boosted by safe haven sentiment, the US dollar fluctuated at a high level on Tuesday Gold prices continued to rise

02 Apr, 2025

On Tuesday, the US dollar index closed slightly up 0.02% at 104.20 as the market was watching as Trump was about to announce equivalent tariffs.

On Tuesday, the US dollar index closed slightly up 0.02% at 104.20 as the market was watching as Trump was about to announce equivalent tariffs. The benchmark 10-year US Treasury yield closed at 4.1770%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.8870%. Gold prices fell slightly on Tuesday due to profit taking, but still reached a historical high of 3148.85; Before President Trump announced plans to impose comprehensive tariffs on countries with trade imbalances with the United States, investors turned to safe haven assets. Due to market news that OPEC+is not expected to change its April production increase plan, international oil prices have fallen. WTI crude oil ultimately closed down 0.36% at $71.70 per barrel; Brent crude oil closed down 0.29% at $74.45 per barrel.

 

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