The price of gold rises above $ 3,000 in the midst of the Trump's commercial war

Gold prices rose to three slim days, in which the precious metal dropped, with the fear that rising trade war led by US President Donald Trump, and retaliation of reactions from some of the targeted countries will lead to a possible global economic recession. The precious metal returned to circulate above the $ 3000 level to the gram, after losing about 5% over the past three days, in the worst decline of its kind since 2021. In his latest steps, Trump threatened to impose additional customs duties with 50% on Chinese imports, while Beijing replied that she was “ready to fight.” Gold fluctuations in 2025 saw gold this year a strong increase, which achieved successive and attractive records for significant flow to the boxes circulating on the stock exchange, in light of the growing demand for safe assets due to the fear of widespread economic disorders. However, in light of the sharp decline in global markets in the last sessions, gold has not been spared from unrest, as investors often rush to sell assets to cover their losses elsewhere during periods of extreme volatility. The immediate gold price rose 0.6% to $ 3000.63 per ounce at 13:45 in Singapore. While the price of silver remained unchanged, and both Phaladium and platinum rose by more than 1%. The Bloomberg index of the dollar force fell slightly.