Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Inflation risk repricing triggers market turmoil: gold plunges $105, crude oil surges 9% to reach $85

Inflation risk repricing triggers market turmoil: gold plunges $105, crude oil surges 9% to reach $85

汇通财经汇通财经2026/03/03 11:26
Show original
⑴ Spot gold plunged nearly $105 in the short term, hitting a low of $5160.60 per ounce, then recovered part of the losses. Currently, the intraday decline is 2.50%. ⑵ Brent crude oil touched $85 per barrel for the first time since July 2024, rising more than 9% intraday. ⑶ Analysts at Commerzbank said the market is now placing more emphasis on inflation risks triggered by the Middle East conflict, thereby reducing expectations for interest rate cuts. This also explains why the US dollar continues to strengthen.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly

After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.

智通财经•2026/09/26 00:06

US Treasury yields continue to rise! Cleveland Federal Reserve President: Government and AI compete for funds, fueling rate hike expectations

Cleveland Federal Reserve President Loretta Mester stated on Friday that the recent sustained rise in long-term U.S. Treasury yields is the result of multiple factors working together.

智通财经•2026/09/26 00:01