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Crash! Trump’s Prime Time Speech Sparks Global Market Turmoil: Gold Plunges $100, Oil Surges 5%, The Truth Lies in These 3 Points
2026-04-02 10:23 Beijing 14,356 views
How did a speech by Trump cause gold to collapse and oil to skyrocket?
On April 2, the global financial markets were once again hit by a “black swan.” U.S. President Trump delivered a rare nationwide prime time TV address, intended to soothe market nerves amid Middle East turmoil and regain declining political support, but unexpectedly triggered an even larger market storm — international spot gold plunged over $100 within the d

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A quick reversal after a single needle drop, but the selling momentum remains strong. The oil market just surged sharply, while gold dropped suddenly with a single needle, but it is gradually recovering. #金银同步走强 #今日你看涨还是看跌？ #美共和党提出美国挖矿法案

In March, two PMI readings were slightly weaker than the same period in the previous two years. March is the month for full resumption of work and production after the Spring Festival, so except for the special case of Omicron disruptions in 2022, most readings have been above 50, indicating expansion.

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