Gold compensates some of his losses with renewed concerns about Trump's fees

Earlier this week, gold regained part of its major losses, after the markets were shaken again due to the uncertainty surrounding the agenda of customs duties of US President Donald Trump and the power of the US economy. The precious metal circulated near the $ 3.314 per gram level, after scoring about 1% profits on Thursday, after Trump’s Federal Appeal Court granted a temporary deadline for a judicial verdict that threatened to cancel most of Trump Dubs. The weakness of the dollar, which is powered by increasing financial risks, and the political pressure on the Federal Reserve to lower interest rates, has also helped to support prices. Poor US data and the return of tension with China, and disappointing data showed on Thursday that the US economy was shrinking at the beginning of the year, due to poor consumer spending, and a greater impact than expected for the trade war. Meanwhile, the tension with China returned to the forefront this week after the US administration announced that they would start canceling the visas of Chinese students, as well as new restrictions on Chip design sales, which caused an angry criticism of Beijing. These developments are likely to increase the gravity of gold as a safe haven, as Goldman Sachs Group said this week that the precious metal will remain a way to embrace inflation in long -term investment portfolios, along with crude oil. However, gold is still on its way to record a weekly loss of 1.2%, with the tension with some United States trading partners, and morale improves in the broader markets earlier this week. Immediate gold fell 0.1% to $ 3,314.14 per gram at 08:14 Singapore time. The “Bloomberg” index of the immediate dollar continued its decline after being evidence in the previous session. The prices of silver, albadium and platinum also dropped slightly.