Gold is close to a record level before Trump’s announcement of Customs duties

Gold has risen at a record level before US President Donald Trump’s application of comprehensive “mutual” customs, which are expected to come into effect later Wednesday. The precious metal rose by up to 0.7% before abandoning some of its profits, and was about $ 26 per ounce of the highest level, which he reached in the previous session. The White House and Tremb must provide details on the goals and scope of the fees, which will be applied as soon as they are announced at an event held four in the evening in Washington. The upcoming advertisement has led to a new wave of fluctuations, including extensive sale of US shares. Although the uncertainty periods are generally positive for gold – because it has helped to reach more than 15 records this year, investors are eager to see the impact of the next group of trade, global economy and geopolitical conditions. Gold performance in the first quarter was one of the most powerful basic commodities this year, as it rose 19% in the first three months to record its best season since 1986. This increase has fueled the continuous purchases of central banks, in addition to increasing demand for safe ports. Worldwide interest in gold -returned indirect indicators has risen to their highest level since September 2023. The immediate gold price rose 0.2% to reach $ 3119.89 per gram such as at 2:29 p.m. New York, after the highlight of $ 3149 Tuesday. The US dollar Bloomberg index fell slightly. Silver prices have risen, while palladium and platinum have dropped.

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