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Safe-haven demand lifted the USD; tariff swings kept gold near record highs.
Abstract：On Tuesday, the US dollar index rebounded slightly and returned above the 100 mark, ultimately closing up 0.46% at 100.16.The benchmark 10-year US Treasury yield closed at 4.339%; The two-year US Trea
On Tuesday, the US dollar index rebounded slightly and returned above the 100 mark, ultimately closing up 0.46% at 100.16.
The benchmark 10-year US Treasury yield closed at 4.339%; The two-year US Treasury yield, which is more sensitive to monetary policy, closed at 3.864%. On April 16th Beijing time, spot gold trading was around 3239.70.
Gold prices rose on Tuesday, driven by safe haven demand. US President Trump's uncertain tariff plan made investors nervous, and the overall weakening of the US dollar also provided support.
Two oil prices slightly declined, with WTI crude oil falling again near the $60 mark, ultimately closing down 0.16% at $60.98 per barrel; Brent crude oil closed down 0.25% at $64.35 per barrel.
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