Gold is a drawing note against the background of increasing uncertainty in the global economy due to the trade war released by US authorities.
Gold prices rose at the beginning of the new working week and re -update the historical record. This has been proven by the results of the trade in exchanges on Monday, April 21.
Thus, the June Futures quotes for gold in the Comex exchange increased by 2.28% – up to $ 3404.35 per ounce. Since the beginning of this year, precious metal has increased by more than 26%.
In the area market, gold rose 1.4% – up to $ 3373.7 per ounce. At the same time, on Monday morning, the price of precious metal rises above $ 3385 per ounce, which is a new note.
Western agencies have written that gold is rising in the conditions of increasing uncertainty in the global economy due to the US trade war, as well as a reduction in the US dollar.
Meanwhile, experts at Goldman Sachs will not exclude that quotes can rise to $ 4000 per ounce by mid -2026.
Earlier it was learned that American President Donald Trump had ordered to know the hope of the United States in importing rare minerals. Such study will be conducted as part of possible new duties for all important minerals imported in the United States.
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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.