As the Trade War Deeps deepened, the gold has passed $ 3,200, the dollar loses soil

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Anjana Anil

(Reuters) – Gold, a dollar, a dollar, and the growing US-China trade war, which flows to the safety of yellow metal, which flows to the safety of yellow metal.

A ounce at 2:245.28 a height of $ 2,245.28 in the session, an ounce at 2:32.89, an ounce at 2:3235.89, $ 2:32, etc. This week is more than 6%.

US gold futures increased by 2.1% to resolve $ 2244.6.

“Gold believes in a worldwide worldwide in a world-approved world, in a world-valued world, and US dollars, as US $, US dollars,” said Niteesh Shah, United States

China, shared shares in the clash between the two largest economies around the world, raised the import of the United States to 125% on Friday.

Predal ballots against dollar peers fell by preparing a cheaper bulletin for external buyers. (USD /)

The combination of the procurement of the Central Bank, reducing the US federal reserve rate, geopolitical instigations and the increase in the investor’s golden flows this year also supported the rally of gold.

In March, the US monthly manufacturer prices are expected to increase inflation in the coming months, only 0.4% of imports.

Traders now bet that the Fed will restore cutting rates in June and will see about 90 parts by the end of 2025.

“A small correction will not surprise, but the road forward and PPI, AFI and PPI will put pressure to the dollar,” the independent metal trader said.

A traditional hedge against global uncertainties and inflation tends to develop in a low interest rate environment.

However, certain developments can be gone to the rise of gold.

Spot silver reached $ 32.18 to $ 32.18, and the platinum fell from 0.2% to $ 936.36. Palladium developed from 0.7% to $ 914.87.

(Reporting Anjana Anilin Bengaluru; Sahabi Muhammed and Regulation by Nia Williams)

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