Euro against the US dollar drops 2.1%, marking the largest two-day decline since September 2022

TradFi Fall Alert: AUDUSD (AUD/USD) Falls Over 0.5%

Gate News: According to the latest Gate TradFi data, AUDUSD (AUD/USD) has dropped by 0.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Goldman Sachs: The recent decline in gold prices is due to rising interest rate expectations and market volatility, maintaining a year-end gold price forecast of $5,400.

Goldman Sachs noted that the recent decline in gold prices is consistent with expectations, primarily affected by rising interest rates and market volatility. Despite weakening investor demand, Goldman Sachs remains optimistic about gold's prospects, forecasting that prices will reach $5400 by year-end as central banks purchase gold to diversify assets.

Goldman Sachs Maintains Bullish Outlook on Gold, Year-End Target Price $5,400/oz

Goldman Sachs analysis indicates that recent gold price declines are driven by interest rate expectations and market volatility, which the firm believes aligns with historical trends. The bank projects gold will reach $5,400 per ounce by year-end, supported by central bank gold purchases driven by asset diversification needs.

JPMorgan Chase: Gold Down 17% From January Peak, Longer Conflict Duration Strengthens Bullish Case

Gate News reported on March 25 that JPMorgan Chase pointed out in its latest report that although gold (a traditional safe-haven asset) has declined approximately 17% from its January peak amid a stronger US dollar and widespread market risk aversion, historical experience suggests such pullbacks typically represent temporary buying opportunities. The institution stated that the longer geopolitical conflicts persist, the more compelling the case for bullish gold becomes.

SpaceX Plans to File for IPO Push Toward Trillion-Dollar Valuation, Tokenized Stocks Decline Amid Intensifying Capital Divergence

SpaceX is accelerating its IPO process, with plans to submit an IPO application to the SEC as early as this week. The company targets a valuation of $1.5 trillion to $1.75 trillion and aims to go public in 2026. The company has acquired xAI to integrate artificial intelligence with aerospace operations. Despite IPO expectations, tokenized stock prices have fallen 22%, reflecting market caution regarding uncertainty. SpaceX also holds approximately 8,285 bitcoins, increasing its influence in the crypto market.

Digital Wallets Becoming Investment Gateways? BlackRock CEO Bullish on "Tokenization Technology" Disrupting Financial Markets

BlackRock Chairman Fink mentioned in his letter to shareholders that digital assets and tokenization technology will drive an upgrade of the financial system, but the current U.S. economic model is leaving behind disadvantaged populations. He emphasized that capitalism needs to benefit more people and advocated using tokenization to address wealth inequality and improve capital market efficiency. BlackRock has already accumulated $150 billion in assets under management in the digital assets space and stressed the importance of reforming the U.S. financial system to capture market participation.