TechFlow news, on March 19, according to Jinshi Data, on the 18th local time, due to escalating tensions in the Middle East and the uncertainty brought by U.S. President Trump's tariff policies to the global economy, investors continued to buy gold as a safe-haven asset, pushing international gold prices to another record high at closing. Wan Zhe, professor at Beijing Normal University, stated that the continuous rise in gold prices reflects weakening confidence in the U.S. dollar.
The report noted that over the past two to three years, the U.S. dollar index experienced a strong rally, but since mid-January this year, it has shown signs of slight decline. Recently, U.S. Treasury Secretary Bessent has reiterated multiple times that Trump "fully supports a strong dollar policy" and hopes the dollar will remain strong.
