Gold retains its profits while the market evaluates the new Trump fees

Gold maintained its profits, but it remained on a path that incurred a weekly loss, while investors evaluated the new customs duties announced by US President Donald Trump, which is expected to apply for about a week. The bombing price stabilized near $ 3290 per ounce in the previous session, after 0.5% profits in the previous session, after the White House revealed specific fees for each country of 10% and 41%. While the minimum customs duties of many countries remained at 10%, the same level suggested in April. According to “Bloomberg Economics”, average customs duties in the United States will rise to 15.2% if the fees are applied as announced, while an increase of 13.3% previously, and a much higher than an average of 2.3% in 2024 before tremb took the position. Gold is rising 25%this year. Gold rose by the quarter in April, with a record level of more than $ 3500 in April, as the uncertainty about lowering interest rates by US federalism, geopolitical disputes and Trump Dead -Agenda stimulated demand for safe haven. Read more: The interest rates of the most influence on gold performance with this, but the precious metal has been trading within a relative narrow series for months, amid indications that investors are becoming more dull for trade developments. On the other hand, the dollar has ended the July with its best performance so far this year, which was an extra obstacle to gold, as it is priced in this currency. A focus on US work data. Immediate gold settled in London at 3288.30 dollars per gram at about 08:45, with a 1.4% drop so far this week, and Silver had a weekly loss of more than 4%. The immediate dollar index of “Bloomberg” did not see a significant change. While both platinum and Albadium withdrew. In addition to trading negotiations, investors will also focus on the US work data for the month of July that will be published today, which is expected to show a slowdown in work growth and an increase in the unemployment rate.