Gold still has a significant growth potential

reports

, while the rumor of tariffs suspended for three months all the markets have undergone significant fluctuations, and gold experienced nearly $ 2 ($ 1 and $ 1). According to this chart, yesterday’s global gold started trading at $ 2 and 2 cents and finished $ 2 and 2 cents.

US President Donald Trump, denied rumors of tariff suspension, threatened to impose an additional 5 % tariff on China on Wednesday unless Beijing cancels its 5 % retaliatory tariffs. At the same time, the European Union offered a 5 % mutual tariff on a range of American goods. On the other hand, the recent Federal Reserve Politics meeting, released on Wednesday, will be carefully monitored to receive more views on the Federal Reserve’s monetary policy outlook, along with consumer inflation data on Thursday and Friday’s Producer Price Index. Despite the decline in the past three days, the price of gold remains strong and has increased by more than 5 % since the beginning of the year.
In this regard, Mohammad Reza Akbari Jour, an international economy expert and an active in the field of money markets, economic sanctions and banking industry in the future analysis of the global gold price, told Mehr reporter: “In my opinion, gold still has a significant price growth in the next year.” In the current situation, many investors prefer to be cautious in the next year and wait for the market to be more specified. In the meantime, part of the capital is likely to be directed to gold, as the metal is considered a safe asset to maintain value. Especially given the rise in global demand, even with short -term fluctuations, the overall trend of gold prices is evaluated.
He added: “Tariff issues and commercial tensions are definitely effective in this process.” Recently, although we have seen various statements from countries such as China, Japan, the United Arab Emirates, Saudi Arabia and the European Union on large investments, tariff interactions are also on the agenda of countries, while US reactions, especially Trump, have consistently increased market turmoil.
At the end, he said, “Political-economic news shocks justify fluctuations and recent declines in gold and other markets, but it appears to be more due to transient conditions and market emotions, and gold will continue to maintain its attractiveness in the long run.” Therefore, despite the short -term fluctuations, the one -year prospect of gold is positive and the price is likely to rise.