Gold holds near the highest standard level amid the fear of fees

Gold established during the opening of the week’s transactions near the highest record level, in light of the escalation of anxiety among investors, following the United States’ plans to impose more customs duties. The precious metal did not see a significant change as it was circulated near $ 3.211 per ounce, after it reached its peak on Monday above $ 3.245 before ending the session slightly. The administration of US President Donald Trump has launched investigations into the import and medicine of semiconductors in preparation for the imposition of new fees. Gold prices rose by more than one fifth this year, driven by the increase in the trade war, which was the horizon of global growth, and the confidence in US safe origin, including treasury bonds, has weakened and a disorder in the financial markets. Treasury Secretary Scott Payette has reduced the importance of the last sale wave in the bond market, but he indicated that his ministry has tools to address the imbalances if necessary. In the meantime, support of interest policies and investors in the meantime, Federal Reserve Member Christopher Wald said that the inflationary effect of the trade war will be temporary, indicating that the reduction of interest rates for the second half of the year is “strongly proposed”. Low interest rates are a supporting factor for gold, which does not produce benefits. The most important investment banks are still optimistic about the gold road during the upcoming classes, in light of the ongoing investors to increase their possessions of gold -returned indicators, and the continuation of central banks to buy the metal. Goldman Sachs expected gold prices to rise to $ 4,000 per gram by mid -2026. Gold can also receive support from the strong demand in China, the largest gold market in the world. With the increase in the trade war, an increase in speculative trade was observed, as well as strong flow to local indicators. Gold recorded $ 3,211.90 per gram at 08:27 o’clock Singapore time. The “Bloomberg” index completed for the dollar after a five -day decline has pushed it to the lowest level since October. The price of silver dropped, while platinum and palladium remained unchanged.