The price of gold stabilizes near the highest level of fear of Trump fees

The price of gold maintained its levels near its highest record, as it strengthened the fear of the effects of US President Donald Trump’s definitions on demand as a safe haven. Gold was traded at a lesser level of about $ 10 as a record level on Thursday at $ 3,057,49, which is on its way to the third weekly weeks in a row. The increasing fear of the US trade war, in a new state of instability in the markets, has caused. The precious metal benefited from the White House’s willingness to announce a new wave of customs tariffs on April 2, although its exact extent is still unclear. Gold rose 16% this year and scored 15 new records in 2025, expanding its strong profits from last year, with investors looking for safety. The geopolitical conflicts in the Middle East and Ukraine also strengthened the metal’s attraction. Several major banks have raised their forecast for gold prices over the past few weeks, as the “Macquari” group expected to reach $ 3.500 per ounce. The morale of the morale of investors in the United States is still fragile, although the reports issued on Thursday showed that sales of the existing home exceeded expectations, while the initial requests for unemployment benefits matched the expectation, which indicates the strength of the labor market. It urged investors to reflect on the Federal Reserve’s monetary facilitation path, after policy makers held interest rates without changing on Wednesday, indicating the expectations of slower growth and inflation above this year. Effecters are still confident that federal interest rates will lower in 2025. The low borrowing costs are usually improved by the gold not related to interest yields. The direct gold price was stable at $ 3,046.97 per gram at 08:04 in Singapore. The Bloomberg index for the dollar also settled 0.3% after its increase on Thursday, while the price of silver fell, platinum prices remained stable, while palladium rose slightly.