EUR/USD
1.15165
-0.111%
Gold
4514.26
3.079%
Oil
97.553
5.279%
USD/JPY
160.141
0.248%
GBP/USD
1.32713
-0.430%
GBP/JPY
212.533
-0.180%
Real-time News
The China Earthquake Networks Center officially reported that a magnitude 3.3 earthquake occurred at 18:50 on March 28 in Yecheng County, Kashgar Prefecture, Xinjiang (36.03 degrees north latitude, 77.71 degrees east longitude), with a focal depth of 57 kilometers.March 28th - According to the website of the China Maritime Safety Administration, the Dalian Maritime Safety Administration issued a navigation warning stating that from 16:00 on March 29th to 16:00 on April 5th, military operations will be conducted in the Bohai Strait and the northern Yellow Sea, and entry is prohibited.Israel Defense Forces: The Israel Defense Forces have just completed another round of strikes against Iranian terrorist regime infrastructure in Tehran. More details will be released later.March 28th - Following the largest sell-off in years, bargain hunters began entering the gold market. By Thursdays close, gold prices had fallen 19% from their January closing peak, nearing the traditional 20% threshold that marks the start of a bear market. However, on Friday, buyers re-entered the market, pushing prices up by about 3%. George Efstathopoulos, a fund manager at Fidelity International, stated that this pullback presents a buying opportunity once tensions in the Middle East subside. Inflation risks, fiscal pressures, and bond creditworthiness issues remain structurally positive factors for gold. Analysts also pointed out that a war in Iran could trigger central bank gold sales, or at least slow down the pace of purchases. Daniel Galli, a commodities strategist at TD Securities, believes that given central banks have been cornerstone buyers in this bull market, a large-scale, direct sell-off would have a more direct impact on prices and a more damaging effect on market sentiment. However, for now, the broader trend is likely a gradual slowdown in the pace of central bank gold purchases, rather than a complete sell-off.March 28 – Malaysian Foreign Minister Mohamed said on the 28th that the Iranian government had allowed several Malaysian oil tankers stranded in the Strait of Hormuz to pass. Mohamed told the media that day that given the current tensions in the Middle East, although the tankers had been granted passage through the Strait of Hormuz, they still needed to wait for a suitable "window of opportunity."
