OS The recorded gold prices drop on Friday (25) Compressed by the dollar insurance and amenities in commercial tensions between the United States and China.
Reports thinking about Beijing Exempt some American products from a 125 % tariff They reduced the demand for preventive assets such as gold.
us ComicsDepartment of Minerals on the New York Stock Exchange (NYMEX), The gold contract decreased for the month of June 1.50 %In conclusion, at $ 3,298.4 per jacuar, after it reached a maximum of $ 3,384.1 during the day.
Linh TRA, an analyst at xs.com, is that optimism is with The trade conflict is limited to the gains of precious metals.
However, I noticed that gold is still benefiting from it Request for transgressive assetsBecause of the fragmentation of global trade and the loss of confidence in political stability.
Daniel Ghali of TD Securities added that “the ceasefire shown in the definitions” was affecting the price of gold, but without “large liquidation” so far.
According to Commerzbank, attention can turn into Economic data from the United States.
If this data indicates a slowdown in American tariff policyThe price of gold can rise quickly.
Forex.com, Forex.com, confirmed that the fear of the trade war was the main driver of the last golden purchases.
Although the weather is improving, it may take a long time to see a real progress in the conflict, which makes fears not completely disappear.
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