World Gold Price for the first time crossed $ 2
reports
Gold prices rose more than eight percent in March.
The US dollar index fell by 4.9 percent and made gold priced in dollars cheaper for foreign buyers.
“team Waterrow , senior market analyst at” kisam Style = “Text-align: Justify”> Trading (KCM Trade) said that market anxiety levels have increased before the US mutual demand is announced. If the tariffs that are announced this week are not as severe as fear, the price of gold can retreat because it may lead to profit from the highest level.
US President Donald Trump will announce mutual tariffs on April 2 and will apply car tariffs on April 3.
Trump on Sunday, intensifying concerns about World Trade War, said that he is angry at Russian President Vladimir Putin and, if he feels, Moscow has prevented his efforts to end the war in Ukraine, will impose 2 % to 5 % tariffs on Russian oil buyers.
According to Reuters, gold, traditionally known as political and economic uncertainty, has increased by more than 5 % since the beginning of this year. The rise in gold prices has led several banks to increase their prediction of gold prices in year 2.
in the market of other valuable metals, the price of silver was rose by 4.9 percent to $ 2 and 2 cents, a fixed ounce of Platinum at $ 2 and seven cents, and each ounce Pallet. 2 cents and all three metals were set for monthly profit.
