Gold prices are close to the record level on Monday, at a time when the administration of US President Donald Trump investigated the widespread trade war waged by the United States. The price of gold has risen to $ 3230 per ounce, away from $ 15 from the peak he reached in the first trade sessions for this week. The US Department of Trade announced on Monday that it had begun the impact of the import and medicine of semiconductors on national security, a step that usually precedes the imposition of customs duties. The precious metal scored more than one fifth of this year, amid the increase in the trade war that weakened the prospects for global growth, undermined confidence in the usually safe US assets, and the financial markets were confused. Big banks are working on more profits. The most important banks are still optimistic about the prospects for gold during the upcoming period, while investors are increased for their possession in the gold index funds, and the ongoing central banks to build the metal. The Goldman Sachs Group expected prices to rise to $ 4,000 a gram by mid -2026. Gold can also receive support from the strong demand in China, the largest gold market in the world. With the intensification of the trade war, the Chinese market saw a surge in speculative trading, as well as large flow to local indicators. “The value of the yuan, overall fluctuations and the rhetoric to avoid the dollar, all traditional and powerful motifs to order gold in China,” said Justin Lin, an analyst at Global X -TFS, in Sydney. He added: “At the global level, any additional increase is likely to require a shift in the Federal Reserve to facilitative policy, or more clear indications of a major slowdown in the US economy.” Gold rose New York by 0.6% to $ 3230.36 per gram at 16:18 p.m. The Bloomberg index also rose 0.3% after a five -day decline. Silver decreased slightly, while platinum and balladium achieved profits.
-
-
-
-
