The demand for the “silent port” increased after the exacerbation of the trade war between the United States and China, as well as due to the decline in the cost of the dollar.
Against the background of a trade war between the United States and China and sharp loss of confidence in the US economy, investors are widely becoming protective possessions – Gold history records, as the dollar is rapidly falling. Bloomberg reported this Friday, April 11.
Gold prices reach a historical maximum -more than $ 3,220 per ounce -during Asia bid on Friday in the midst of strengthening geopolitical intensity and confidence in American property. The demand for the “silent port” increased after the exacerbation of the trade war between the United States and China, as well as due to the decline in the cost of the dollar.
In response to the rise of tariffs for Chinese imports by 145%, US President Donald Trump declared, Beijing introduced glass steps at a level of 84%. These measures distract the stability of markets and forced investors to sell risky property. According to experts, this has led to a massive transfer of capital to gold, Swiss Franc, Japanese Yen and Euro.
The spare gold price increases by more than 1% at a record level of $ 3,220.20 per ounce. Futures for June grew 1.7% up to $ 3,231.69. Compared to other metals, yellow metal showed the greatest increase: silver increased by 1.6%, and platinum – by 0.5%.
Kaayon nito, ang dolyar ay patuloy na nakakaranas ng makabuluhang presyon: sa mga nakaraang araw, nawala siya halos 4% at nahulog sa pinakamababang antas mula Enero 2015. Sapagkat ang Euro ay tumaas ng 1.7% – hanggang 1.13855 dolyar, na naging pinakamataas sa Pebrero 2022. Ang dolyar na index, na sumasalamin sa halaga ng pera na may kaugnayan sa anim na pangunahing pera, ay nahulog 1.2% – sa ibaba ng 100 para sa unang oras mula sa Hulyo 2023.
A flow is also observed in US Treasury Bondes. The main profitability of the 10-year bond has increased to 4.488%, despite the total trend to reduce prices. Investors are afraid of the unpredictable White House trade policy, because Trump, who earlier speaking for poor tariffs, suddenly announced a 90 -day pause for new roles -and re -reviewed this decision. This is further enhanced uncertainty.
Financial analysts indicate that such rhetoric stabilizes markets and is complicated. As strategist Nomura Karad Matsuzawa explained, “This is a vote of uncertainty not only in the stock market, but also in the US administration policy as a whole.”
Note that last week, large tariffs of US customs customs of US President Donald Trump led to the greatest weakening of the American dollar in two and a half years. The rate of hryvnia has increased relatives in dollars to the maximum from September 2024.
The Ukrainian National Bank used it, which reduced money sales to a minimum since the beginning of 2025.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.