Gold went up to a record as the markets weighed the latest commercial news of the United States of President Donald Trump, who has taken a flight to security assets amid the growing confusion about his tariff agenda.
Bullion surpassed a new historical maximum above $ 3,245 per ounce on Monday, exceeding the previous record published on Friday. He won more than 6 percent last week, backed by a continuous decrease in the dollar.
The markets seemed to adjust to an apparent tariff postponement in popular consumption electronics, after Trump on Sunday indicated separate dense were planning in those products. A waker Greenback makes gold cheaper for foreign investors, since it has a price in the currency.
The precious metal has increased more than 20 percent so far this year, since investors have rushed to a safe place, with Trump’s commercial policy that leads to large seizures in shares, US bonds. UU. And the dollar amid the fears of a world recession. In deprulating, a sale of the sale in the bonds of the United States government, which highlights the erosion appetite of US assets, indicates questions about whether the debt remains a shelter in times of agitation.
“Gold seems to be the clear beneficiary of the debates around the US dollar, and we have witnessed the price of gold in the absolute beast mode,” said Chris Weston, head of investigation of Pepperstone Group Ltd., in a Monday note. The opinion among some merchants is that “gold is simply too hot to abbreviate, but also too over to chase,” he said.
In other places this week, merchants will focus on some of the largest central banks in the world, they approach the global perspective that changes rapidly, with Singapore and the European Central Bank that is expected to relieve monetary policy. The lowest rates are typically positive for interest without interest.
Spot Gold changed little to $ 3,236.27 an Oona as or 10:42 am in Singapore. The spot Bloomberg Dollar index fell 0.2 percent, reaching the lowest since October. The silver declined, while platinum and paladium rose.
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Posted on April 14, 2025