Today, March 1; The world price of gold rose

reports
US President Donald Trump on Wednesday sparked hopes of re-stopping new tariffs on Mexico and Canada on Wednesday, saying that these tariffs could be imposed from April 2nd and raised a 5 % mutual tariff on European cars and other goods. Since Trump came to power on January 5, the United States has imposed 5 % of extra tariffs on China’s imports and 2 % of complications on steel and aluminum imports.

several Federal Reserve officials are expected to discuss this year’s monetary policy reduction in the midst of Trump’s uncertainty.

Reuters reports

Reuters reports that markets are waiting for the US PCS Index (PCA), which is a Federal Reserve’s favorite criterion for inflation and will be released on Friday.

metal precious gold is considered as a protective of political risks and inflation, but higher interest rates reduce the attractiveness of non-efficient assets such as gold.

In the market for other valuable metals, the price of silver rose by 4.9 percent to $ 1.2, reduced by 4.9 percent to $ 2 and 2 cents, and $ 4.9 percent to $ 4.9 %, and $ 4.9 percent.