Macro data boosted, with the US dollar slightly rising on Tuesday Gold's rise is hindered by the $2,000 mark

On Tuesday (March 26th), due to a higher than expected increase in durable goods orders in the United States in February, and the optimistic outlook for economic growth in the first quarter of the United States, the US dollar index fell first and then rose. At one point in the day, it hit the 104 mark and then rebounded during the US session, ultimately closing up 0.07% at 104.29. The benchmark 10-year US Treasury yield remained above the 4.2% mark, closing at 4.237%, while the 2-year US Treasury yield, which is most sensitive to the Federal Reserve's policy rate, closed at 4.593%.

Gold prices rose slightly on Tuesday (March 26), briefly approaching the $2,000 mark during trading due to increased expectations of the Federal Reserve's interest rate cut. However, with US durable goods orders data stronger than expected, the US dollar index reversed its decline to an increase, and gold prices narrowed to 0.3%, closing at $2178.49 per ounce.

Due to the unexpected increase in API crude oil inventories and a slight decline in oil prices, WTI crude oil briefly stood at $82 on Tuesday (March 26), but plummeted significantly during the US session, ultimately closing down 0.84% at $81.22 per barrel; Brent crude oil closed 0.9% lower at $85.24 per barrel.