The US dollar's trend shifted, Gold stays robust from rate cuts, and traders prep for US CPI.

On Monday (March 11th), due to the resilience of the US economy and market views that the decline in the US dollar index was “too much”, the US dollar index rebounded and approached the 103 mark, ultimately closing up 0.108% at 102.85. The yield of US treasury bond bonds rebounded, with the benchmark 10-year yield closing at 4.0982% and the two-year yield most sensitive to the policy interest rate of the Federal Reserve closing at 4.5381%.

Affected by the expectation of the Federal Reserve's interest rate cut, spot gold fluctuated upwards, with multiple unsuccessful attempts to hit $2,185 during the day, ultimately closing up 0.16% at $2,182.72 per ounce; Spot silver ultimately closed up 0.63% at $22.47 per ounce.

Due to OPEC and Russia's production cuts leading to a slowdown in crude oil exports and tight supply, WTI crude oil experienced a V-shaped reversal in the US market, ultimately closing up 0.36% at $78.21 per barrel; Brent crude oil rose 0.61% to $83 per barrel.