Gold is high with two days, and focuses on fees and interest rates

Gold prices stabilized after two days, with the concentration of customs duties of US President Donald Trump and the prospects for monetary policy in the United States. The precious metal was traded more than $ 3330 a ounce after achieving modest profits on Wednesday and Thursday, the weekly decline reduced. The increasing tension highlights the severity of gold as a safe haven after Trump proposed a packet of customs duties for certain countries, including Canada and Brazil this week, and he also announced the possibility of imposing fees on brass imports, which will begin on the first August. Useful interest rate expectations support gold in other aspects, investors have evaluated US interest rate expectations. Policymakers continued to borrow costs without changing this year, but the divisions began to appear with regard to the number of possible reduction times in the second half. The head of the Federal Reserve Bank in San Francisco, Mary Dali, said she still expects two interest cuts, pointing out that the effects of customs duties on prices may be more moderate than expected. Low interest rates usually support gold. Gold has risen by more than 25% since the beginning of the year and leases a record of more than $ 3500 per gram in April. Trump’s policy is concerned about Trump’s volatile efforts to reform trade policies are a constant concern for markets, raising demand for safe havens, amid concerns about the long -term impact on the global economy. This height was supported by escalating geopolitical tension and purchases of central banks. The immediate gold price rose 0.2% to $ 3334.27 per ounce at 08:15 in London. While the immediate “Bloomberg” index of the dollar remained unchanged. Silver prices have risen, while platinum and balladium prices have fallen. Prices have been updated to reflect the reality of the market