On the evening of March 18, gold experienced a sharp decline, with spot gold falling over 1.5% and breaking below the $4,930 mark. Spot silver also saw a volatile drop, decreasing by 0.9% to $78.5 per ounce.

In international crude oil markets, both WTI and Brent crude saw rapid increases. Brent crude rose nearly 1%, reaching $100.37 per barrel.

In the cryptocurrency sector, major digital currencies collectively declined. Bitcoin fell below the $73,000 level. Data from Coinglass indicated that over 90,000 traders faced liquidations across the market in the past 24 hours.

On the news front, reports from Iranian media, citing Tasnim News Agency, stated that Iran's South Pars petrochemical facilities were attacked by the United States and Israel. Specific details of the incident are still under investigation.

Deutsche Bank Research recently released a special report on precious metals, analyzing the future trajectory of gold prices and the impact of recent market adjustments. Michael Hsueh, a precious metals analyst at Deutsche Bank, reiterated in the report a long-term forecast for gold to reach $6,000 per ounce. The research highlighted that the asset characteristics of gold are shifting, showing increased positive correlation with risk assets and potentially amplifying risks in investment portfolios rather than merely acting as a hedge.