Mineral prices rise after Trump's postponement that imposes fees on China

Copper prices increased by 0.9% during the day of the inauguration of Donald Trump as president, while gold prices rose slightly, after reports that the new president would immediately refrain from imposing aggressive customs definitions. The dollar’s Bloomberg index fell 1.2% after the “Wall Street Journal” report that Trump will postpone the imposition of new customs definitions on his first day in office. The weakness of the dollar makes mineral cheaper in other currencies. Golden and brass bonuses on the “Comics” exchange in New York after the report, which led to a calm in the march of high prices of US minerals, exceeded other international standards due to the threat of customs tariffs. Investors also monitor the worst geopolitical tension, after Trump has targeted some traditional allies, including Canada, Mexico and Europe. Although it can improve the value of gold as a safe haven, it can also increase the US dollar, which represents the winds of prices. Immediate gold rose 0.2% to $ 2708.21 per ounce from 2:37 p.m. New York. The prices of silver and platinum also rose, while palladium prices fell, and copper was closed at 9275 dollars per tonne on the London metal share exchange, while the prices of other industrial minerals stabilized at higher levels.