World Gold Prices Today Gold ounces reached $ 2 and 2 cents
Reuters quoted gold prices on Monday trading on Monday. The dollar index has fallen and the tendency to buy gold as a safe support has increased in the midst of the fear of the World Trade War. Investors are waiting for more signs to determine the US Federal Reserve’s position on interest rates.
The price of gold per ounce today rose by 4.9 percent to $ 2 and 2 cents. The price of gold futures on the market Comics New York has also reached $ 2 and 2 cents by a 4.7 percent increase.
The dollar index has fallen to close to the lowest figure over the past six months last week and made gold buying cheaper for other currencies in the world.
Analysts believe US foreign policy is one of the sources of instability that has increased the desire for gold. Gold prices are expected to reach $ 2 in the next few months.
US tolls change have volatile and have confused investors.
Trump on Tuesday imposed 5 % of imports on imports from Mexico and Canada and increased the import of goods from China. He then exempted many of Mexico’s imports and some imported goods from Canada for a month, promoting market instability and raising concerns about inflation and growth in the United States.
The tolls are the main cause of investor concern, and many believe that it can affect economics and increase inflation.
Investors are now waiting to publish information about the consumer and manufacturer price index in the United States.
Gold has always been a safe backing in political risks and inflation, but the high interest rate of interest to buy this precious metal as a non-capitalist capital profit
Among other precious metals, silver prices dropped to $ 2 and 2 cents among other precious metals, and platinum is traded at a 4.7 percent increase of $ 2 and 2 cents.
