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March 21 - As of 2:30 PM closing, the Shanghai Gold futures contract fell 1.22% to 1016 yuan/gram, the Shanghai Silver futures contract fell 1.77% to 17139 yuan/kilogram, and the SC Crude Oil futures contract rose 3.40% to 803 yuan/barrel.U.S. stocks continued their decline, with the benchmark index falling to an intraday low. The S&P 500 was last down 1.39%. On the news front, the U.S. is preparing for a possible deployment of ground troops to Iran.ECB Governing Council member Nagel: The ECB must take action when the second round of inflationary effects emerge.ECB Governing Council member Nagel: The higher the inflation and the longer the expectation remains above the target level, the greater the risk of a second round of effects.March 21 – According to CBS News, multiple sources briefed on the matter revealed that U.S. Department of Defense officials have made detailed preparations for the deployment of U.S. ground troops to Iran. Sources said that as Trump weighs options in a U.S.-Israeli-led conflict with Iran, senior military commanders have submitted specific requests to prepare for such options. Sources indicated that Trump has been considering deploying ground troops in the region. It remains unclear under what circumstances he would authorize the use of ground troops. When asked about ground troops in the Oval Office on Thursday, he told reporters, “No, I’m not going to deploy troops anywhere,” but added, “If I were to deploy them, I certainly wouldn’t tell you.” Two sources said the military has also held meetings to prepare for how to handle any Iranian soldiers and paramilitary personnel potentially detained during the operation should Trump decide to send U.S. ground troops, including where these Iranians would be sent.

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