CPT Markets : The First Republic Bank of the United States has once again plummeted, boosting gold prices! Follow within the day...

Gold/dollar (XAUUSD)：

goldAfter closing sharply against the US dollar on Thursday and rising back to the 2000 mark, it rose to2000.58Nearby, due to another sharp drop in the market value of First Republic Bank of the United States, core durable goods order data showed poor performance, and the US dollar plummeted to a new low in over a week, boosting gold prices in the short term.

In terms of positive data, the market value of First Republic Bank of the United States plummeted again on Wednesday, as investors waited to see if the bank could find buyers for its assets and turn the tide without government support. The US dollar has fallen due to new signs of a slowdown in the US economy, as previous data showed3The monthly decline in core durable goods orders exceeded expectations. In terms of sports data in the United States,3New orders for key durable goods manufactured in the United States fell more than expected in the month, and shipments decreased, indicating that corporate equipment spending may still drag down economic growth in the first quarter.

In terms of bearish data, the US House of Representatives narrowly passed a bill on Wednesday to raise the government's31.4The trillions dollar debt ceiling bill, disregarding President Biden's demands, and attaching the future10The conditions for significant spending cuts in the year. Before the possible vote on the US debt ceiling, the yield of US one month treasury bonds plummeted, while the yield of long-term US bonds rose on Wednesday, because investors weighed strong corporate performance against signs of slowing commercial spending and continued concerns about regional banking. United States10Yields of one-year treasury bond bonds rose on Wednesday3.9Bps to3.437%, and30Yields of one-year treasury bond bonds rose4.1Bps to3.693%。

In a word, oil prices were boosted by the concern of banking turmoil that the US dollar index was biased towards weakness, but the market's fear of US debt default has cooled and the US10The yield of one-year treasury bond rebounded, limiting the rise of gold price; Focus on the United States during the day4Monthly University of Michigan Consumer Confidence Index and3monthPCEPrice index.

Press from above(Upper resistance) 2000.50，2002.20； From the downward direction, the lower support1998.80。

CPT MarketsRisk Tips and Disclaimers : The above article content is for reference only and is not intended as future investment advice.CPT Markets The articles published are mainly based on international financial data reports and international news as reference.