The price of gold is close to its highest levels and expectations for the 3000 dollars penetration on this date

Gold established near its highest standard before the decisive US job report, while geopolitical tensions and economic problems continued to improve demand for safe ports. The price of gold approaches $ 2860 per gram, with more than 2% this week, before issuing non -agricultural jobs Friday. Expectations indicate that any weakness in the data can increase the hope with more interest rates by the Federal Reserve, while the rise of stronger data than expected may have an opposite effect. It is reported that the reduction of borrowing costs supports gold as it does not benefit. The trade war between the United States and China, and the fear that President Donald Trump could possibly move forward in his threats to impose customs definitions on other countries, as well as his unconventional geopolitical views, the role of gold as a safe haven in times of uncertainty. Golden prices’ expectations during the months of the city group said in a research note that the emerging gold for gold appears to be continuous, with the expectation that the price of gold will reach $ 3000 over the next three months. At the same time, markets are trying to take up the possible consequences for the US economy and monetary policy as the policy of the new administration on trade and migration to high inflation and influence on growth. Also read: Trump -tension pays the price from gold to stability near its highest levels and the fear of the trade war caused movements in the gold market as traders in London began transporting the metal to the United States, fearing that the alloys could not be excluded from possible customs duties. Earlier, Bloomberg reported that gold stored in the Bank Bank of England – owned by various individuals and destinations – is distributed with a discount compared to the broader market, which led to ropes that stretch for weeks to extract the metal amid a rush to the offer. The direct gold price rose 0.2% to $ 2863.23 per ounce at 1:48 pm Singapore, after scoring its highest level ever at $ 2882.36 on Wednesday. The Bloomberg Instant Bloods index also rose 0.1%, but it is still 0.7% low during the week. In terms of silver, platinum and albadium, it remained stable without change.