In the accumulated of the year, gold is revalued around 12% and remains by just over 2% rise to quote $ S3,000.
The prices of gold They advanced to a Historical maximum This Wednesday because The imminent commercial war and concerns about world economic growththat They promoted safe refuge flows After the new tariff threats of the president of the United States, Donald Trump.
Cash gold yielded a 0.03% to U $ 2,934.39 after advancing to a historical maximum of U $ 2,946.75 The ounce at the beginning of the session. Prices beat their record for the ninth time this year. American gold futures rose 0.06% to $ 2,950.74.
In the accumulated of the year, gold is revalued around 12% and stays little more than one 2% rise to quote U $ S3,000.
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The foundations behind the historical climbing of gold
“The gold rebound seems to be driven by President Trump’s comments about the next cars and pharmaceutical products tariffswhat could to pave the way for an impulse to US $ 3,000“said Zain Vawda, Marketpulse by Oanda Market Analyst.
Since he assumed the position, Trump imposed a 10% tariff on Chinese imports, established a 25% tariff on steel and aluminum. Adding to the tariff agenda, the US president said Tuesday that he intends to impose tariffs on cars and tariffs similar to semiconductors and pharmaceutical imports.
Langots are considered a coverage against the increase in inflation and geopolitical uncertainties, but The rates rise reduces the attractiveness of this asset without performance.
Among other metals, money in cash, used in electrical components, added 0.4% au $ S32.99 the ounce, while platinum for car catalysts fell 0.6% au $ S981.56 and the paladium 0.1% Au $ S987.75 was reaffirmed.
Source: Ambito
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