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Gold Price ۱۷ February; Ounces reached $ 2 $ 5

The price of gold per ounce today fell by 2.9 percent to $ 2 and 2 cents.

report Mehr Reporter Gold has fallen by more than 2 percent, but is on the verge of the seventh consecutive weekly increase. Fear of a World Trade War has sought Trump’s tolls to rise in gold prices.

The price of gold per ounce today fell by 2.9 percent to $ 2 and 2 cents. New York Camera Span> ‘s future trading prices has also reached $ 2 and 2 cents with a decline of 1.5 percent.

Analysts believe there are still several factors that will raise the price of gold. Factors such as tolls, high inflation, and US dollar weakness make the tendency to be physically increased and its price increases.

Trump on Thursday urged his economic team to submit plans to impose duties on any country that has imposed duties from the United States. The move, which raises inflation, increases the tendency to buy gold as a safe support. Gold has always been a safe investment when rising prices and geopolitical instability.

In the United States, the US retailer in January has declined in the past two years, indicating the slowdown in its economy in the first quarter of this year.

businessmen expect the Federal Reserve not to reduce interest rates due to high inflation by September.

Among other precious metals, the price of silver rose by $ 1.5 to $ 2 and 2 cents, and platinum is traded at $ 1.5 % and 2 cents.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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