World Gold Prices Today Slight growth of gold price
reports
The price of today’s ounce of gold rose by 4.9 percent to $ 2 and 2 cents. The price of gold futures in the market New York COME has reached a 3.5 percent decrease to 5 Delaro 5 cents.
The dollar index has risen and has made gold buying more expensive for other currencies in the world.
Trump’s toll policies are likely to increase inflation, slow the growth of the economy, and exacerbate business tensions. Analysts are waiting for a single stagnation of the economy with high inflation that will raise the price of gold.
Consumer confidence in the US economic conditions has reached the lowest level in March in the past five years. Families are concerned about the stagnation of the economy and inflation caused by Trump’s tolls.
Gold, which has always been a safe support in the time of instability geopolitical and economically economically priced at the beginning of this year and reached a record of $ 5 and $ 6 in March.
Several US Federal Reserve officials are expected to speak today and markets are waiting for information on individual consumption in the country that are due to be published on Friday and provide more clues
analysts predict gold price by September $ 5 and believe that only the Federal Reserve can control the rise in the price of this precious metal
The US agreed with Ukraine and Russia on Tuesday to halt attacks on energy targets on Tuesday, which could lift sanctions on Moscow.
Among other precious metals, silver prices dropped to $ 2 to $ 2, and Platinum is traded at $ 1.5 % and 2 cents.
