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Browsing: U.S. dollar
China’s foreign exchange reserves fell to $3.342 trillion in March, down 2.5% from February, as a stronger dollar and weaker asset prices cut valuations.
South Korea’s foreign exchange reserves fell to $423.66 billion in March as a stronger U.S. dollar and FX swaps with the pension fund reduced reserve assets.
Gold dropped more than 2% to its lowest since Feb 6 as a firmer dollar and holiday closures hit liquidity, pulling silver, platinum and palladium lower in Asia.
Spot gold climbed to near $5,078 holding above $5,000 an ounce, as a weaker U.S. dollar lifted demand and China’s central bank reported higher January holdings.
Gold holds above $3,000 as markets seek clarity on Trump’s tariffs amid inflation concerns and a weaker U.S. dollar.
Robert Kiyosaki calls Bitcoin’s latest price crash a chance to buy, blaming economic instability on rising U.S. debt and urging investors to shift to Bitcoin, gold, and silver.
Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility.
