Gold prices take their breath to a sharp buying wave

Gold prices stabilized to a sharp sale wave, as the demand for safe havens decreased in light of a significant calm of commercial tension between the United States and China. The immediate contracts of the yellow metal were traded near the $ 3237 per ounce level, after falling 2.7% on Monday, amid investors’ bets to recover stock markets and increase the demand for high -risk assets. The two largest economies in the world have agreed to temporarily reduce customs duties, as the United States reduced the tariff on Chinese goods from 145% to 30% for 90 days, while Beijing reduced the fees on most imports to 10%. The US dollar has risen the biggest frequency since the increase that the election followed in November, and the revenue of the Treasury bonds, which formed both printing factors on gold. Traders currently expect the Federal Reserve to lower only interest rates during the year 2025, in light of the re -evaluation of inflation forecasts, reducing the background of recurring gold. Positive references, and despite this, have been gold since the beginning of the year, but the calm in the trade conflict between Washington and Beijing sent signals to the markets that the administration of President Donald Trump is using a more flexible approach. However, the discussion still dominates some investors due to the lack of fine details in the last announcement, and warns that any new escalation can again push gold to the record levels recorded last month. Immediate gold established $ 3,237.86 per gram in Singapore at 7:38 p.m. The “Bloomberg” Instant Dollar Index held after it jumped 1% on Monday. The prices of silver, bolladium and platinum did not see significant changes.