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Golden Ten Data, March 28 — According to the New York Times citing two senior European officials, while Trump publicly complained about Europe’s refusal to join the Iran war, European defense officials were privately engaged in thorough and detailed discussions about providing assistance to defend the waters near Iran’s coast after the end of the war. European leaders had previously stated they were willing to help secure shipping in the region post-conflict, but according to the officials, the plans under consideration are more in-depth than the public disclosures. The ongoing discussions include: ① Dispatching frigates to escort oil tankers and other cargo ships through the strait; ② Using the air defense batteries on these escort ships to shoot down Iranian drones and missiles if necessary; ③ Conducting demonstrations of military force to reassure shipping and insurance companies.

Futures for gold nearing expiration surged 2.7% on Friday, with prices climbing to $4,492 per ounce and successfully reversing the previous day's decline caused by a strong US dollar and rising US Treasury yields. However, this increase was not enough to change gold's downward weekly trend; gold prices ultimately fell 1.7% this week. Notably, this marks the fourth consecutive week of decline for gold, setting the record for the longest weekly losing streak since 2023. Louis Navellier of Navellier and Associates mentioned in a report, "Precious metals have received buying support." Nevertheless, the decisive factor for gold's long-term performance remains the situation in Iran and the duration of disruption caused by the conflict. Meanwhile, silver prices rose 2.8% today, reaching $69.545 per ounce. Silver posted a weekly gain of 0.3%.

US lawmakers have released a draft cryptocurrency tax bill, proposing a tax exemption for stablecoin transactions under $200, but without including a Bitcoin tax exemption. (Cointelegraph)