The price of gold settles near the peak and waiting for the US "Liberation Day"
The price of gold stabilized with the stop of breathtaking after a record height, before US President Donald Trump announced a new “mutual fees” package, which is expected to come into effect later Wednesday. The precious metal was traded without changes, and less than $ 40 remained in the previous session for its standard level. The White House or Trump has not yet disclosed the details of the targets and the size of the fees, which will be applied immediately after it was announced during a scheduled event at four that evening in Washington, Trump introduced it ‘Editing Day’. A new wave of fluctuations, the upcoming announcement – which comes after previous fees for China, Canada and Mexico, as well as steel and aluminum – has led to a new wave of fluctuations in the markets, including sales in US stocks. Although ambiguity times usually support gold, which helped him record more than 15 records this year, investors decided to wait to judge the impact of the new round of trade on trade, global economy and geopolitical conditions. Gold is one of the best performances during the current year, as it increased by 19% during the first three months of the year, which recorded its best quarterly performance since 1986. This increase has driven by regular purchases of central banks, in addition to the growing demand for safe ports in light of the increase in geopolitical and economic fog. Immediate gold was traded in Singapore at $ 3,113.74 per gram at 8:14 p.m., after reaching its peak at $ 3.149 on Tuesday. The Bloomberg index for the dollar remained unchanged. Silver and platinum prices also stabilized, while palladium rose slightly.