News

On March 17, gold prices rose slightly today, but due to the ongoing decline in energy prices, market expectations for further interest rate cuts have weakened, resulting in a cumulative drop of over 4% this week. Soojin Kim, an analyst at Mitsubishi UFJ Financial Group, stated that although the release of emergency oil reserves helps curb price surges, the rising inflation risks have lowered market expectations for interest rate cuts by the Federal Reserve, and rising interest rates typically suppress non-yielding assets like gold. (Jin Shi)

Crude Oil LOF E Fund announcement: The fund's secondary market trading price is significantly higher than the net asset value of the fund units. Investors are hereby reminded to pay attention to the premium risk of secondary market trading prices. If investors blindly invest in fund units with a high premium rate, they may face significant investment losses caused by a subsequent decline in secondary market prices. The fund will be suspended from trading from the opening of the market on March 18, 2026, until 10:30 (UTC+8) on the same day, and will resume trading at 10:30 (UTC+8) on March 18, 2026. Redemption services for the fund will continue as usual during the suspension period.

ChainCatcher news, the government of Bhutan transferred 20.5 BTC (approximately $1.52 million) to QCP Capital; another 1.02 BTC (approximately $75,900) was transferred to a new wallet address.