Gold prices sign a record level before approval of Trump's fees

Gold started a new record high this week before President Donald Trump imposed new customs duties, which increased the fear of a global trade war. The price of gold gradually rose to $ 3.093 per ounce, which exceeded the previous standard level it recorded on Friday, when it achieved the profits for the fourth week in a row, with the support of the growing demand for safe ports. Last week, Trump signed a 25% statement of customs on car imports, while the markets are preparing for the so -called ‘mutual customs duties’ that the White House will be announced on Wednesday. The price of gold has risen by about 17% this year, with at least 15 new records. This increase is attributed to intensive purchases of central banks, and the increase in demand for safe ports in light of the increase in geopolitical and economic ambiguity. Increase the price goals of the gram of gold. These factors have continued to support prices, even if customers reduce the bid market their expectations that the Federal Reserve will only reduce interest rates twice this year by a quarter of a percentage point per time. It is noteworthy that the low interest rates are in the interests of gold as they do not yield. Several major banks have raised their price of gold as the Goldman Sachs Group increased its expectations to $ 3,300 per gram this week by the end of the year. This is attributed to the strong demand of central banks and the large flow on gold -powered indicators. By 06:17, Singapore Time, immediate gold was traded 0.2% at $ 3,092.49 per gram. On the other hand, the Bloomberg index for immediate dollars fell 0.1%. Silver and platinum prices dropped unchanged, while palladium dropped.