'City' is expected to reach the price of gold 3000 dollars due to Trump's fees

City Group expects the price of gold to reach a record level of $ 3,000 per gram within the next three months, powered by increasing geopolitical tension and the escalation of commercial wars that Donald Trump has further, which increases the demand for safe havith assets. After his relief, the US president has caused an unrest in the markets by imposing customs duties that could delay economic growth, inflation again could fuel and threaten world trade. Analysts, including Kenny Ho, said in a report issued by the bank, that investors will continue to use gold as a safe haven, while in central banks, their precious metal reserves are expected to continue. ‘City’ analysts explained that the emerging gold market appears to continue to continue during Trump’s second state, “note risks such as slowing growth and high interest rates. The price of gold has recorded successive standard levels in recent days, amid the fear of the increase in the trade conflict between the United States and China, and the possibility that Trump imposes new customs tariffs on other countries, which increases its role as a tool to save value in times of uncertainty. City has increased its forecast for the price of the gold price over three months from $ 2,800 per ounce, already overlooked by the metal. Gold was traded at $ 2,867.15 per gram at 12:38 p.m. to separate it less than $ 20 for its record level on Wednesday. The increase in the dollar increases the bias of gold, the bank has indicated that the high value of the US dollar will increase the motives of the central banks in emerging economies to increase its gold possessions to support its local currencies. Investors are also expected to go through the yellow metal to material gold and boxes distributed in the stock market. The fear of commercial wars in London also urged the conversion of gold to the United States, pending the possibility of inserting the metal into the US rates. According to city estimates, the price differences in the market on Wednesday indicated a 20% possibility that Trump included gold in a comprehensive global rate of 10%. The bank analysts said: “Any peace agreement between Russia and Ukraine, in addition to confirmation or gold, will be excluded from extensive customs duties, the opportunity to buy during the next two or three months may be.” The bank increased its expectations for the average price of gold over a year by 100 dollars to $ 2900 per gram, while it kept its forecast for the price of the metal within 6 to 12 months. The Bloomberg index for immediate dollars increased by 0.3%, while silver and Albadium decreased, while platinum rose. The price of gold rose earlier this week after Trump declared that the United States could take over Gaza’s administration, a permit his assistants were trying to alleviate its impact. Trump also announced his intention to start working on a new nuclear deal with Iran. Washington is expected to make a plan next week to end the Russian war against Ukraine.