Five years after gold investors hurried the safety of the best week enjoy the best week

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Gold has received the best in the best week in five years, because investors, Donald Trump’s tariff’s tariff’s tariff flight in global markets in global markets is high.

Bullon, near Friday, reached a height of $ 3,237 near Friday – in March 2020, the Covid-19 earned the largest weekly earnings.

Came as a rise market Panic opened by the US President’s Commercial War, investors caused us to withdraw from a shelter in normal periods, and the dollar fell three years to the euro.

“A wide range of sales in US capital and treasures, shook the confidence in American assets, called on investors to seek security gold“Alexander Zurpfe, a bullion trader in Heraeus.

“The rally is burned by the increase in the fear of the fully blown trade war,” he said, US dollars, which are weakened as a growing bond product and the factors that contribute to us.

Because it is valuable with gold dollars, it is usually cheaper to buy in other currencies because it usually takes benefits from a weak US currency.

The exhausted global trade war has contributed to uncertainty about the health of the markets of Roon and the United States. On Friday, Beijing returned Washington, 125 percent of the US imports.

“If you are worried about breaking the system, you hold gold,” said Peter Mallin-Jones, Peel Hunt. “Not surprisingly, the safety paradise or only dollars of the treasures are not attractive as in previous crises.”

This year, a historical rally of the bullion is a strong demand from investors, as well as physical shopping from dollars.

During the first quarter, the gold-supported stock market trade exclotic trading has been at the highest level since the coronavirus pandemic.

Rhind, Graniteshares, the CEO of Graniteshares, a ETF company, said that the flight motivated with fear in recent days.

“We are in this highly unusual situation, we did not work in traditional safe weather,” he pointed to the growing treasury productivity. “You see the ratios in an environment where people are nervous in the market – it breaks the confidence turn.”

The physical demand for gold has been strong this week, and buyers in China pay an important premium for metal on international spot prices, a significant sign of demand.

UBS, this year for the second time this year, up to $ 3,500 for a troy ounce for the second $ 3,500, up to $ 3,500 to $ 3,500.

“After watching the current events, we are waiting for additional demand from central banks, organizations and investors,” UBS analysts wrote to customers in a note.