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New York (AP) – in widespread economic confusion, gold price increased Ever-never-seen levels before.
Gold futures passed a troy ounce of $ 3,000 for the first time this week. The price of gold in the land market in New York is closely behind.
Interest in gold purchase, may increase sharply in indefinite times, because worried investors are looking for safe places for money. US President Donald Trump’s tariff policies, the financial markets are higher than gold prices for the international trade war, which has been in the financial markets and inflation in inflation for families and enterprises.
If the tendends continue, analysts can continue to climb the price of gold in the coming months. However, precious metals are also variable assets – and therefore are never promised to the future.
Here’s what you need to know.
What is the price of gold today?
The departure price for the New York Spot Gold closed on Thursday, the standard for measuring valuable metals equal to 31 grams – is equal to every fraction. This is more than $ 825 from the price of gold a year ago.
Gold futures passed $ 3,000 on Thursday. However, more than $ 2994 fell on Friday afternoon.
Since 2025, since 2025, the price of gold gold is about 14%. On the contrary, the stock exchange was closed. Benchmark S & P 500, this year was filled with even blue chip stocks with more than 5% blue chip resources. For example, Apple was the worst week in five years.
Why does the price of gold get up?
Many boils up to uncertainty. Interest to buy gold Typically, when investors are concerned – and there was a large number of economic confusion in recent months.
Today the most severe uncertainty is extended by Trump’s increase trade war. The President’s restart, one of the closest traditional allies of a new nation, created a whip for new levy ads and revenge tariffs, both enterprises and consumers – economists will raise the bill at higher prices.
Trust started Slide in the beginning of the year For both US houses and businessmen, fearing inflation and tariffs. According to the initial survey of Michigan University, these concerns are worse only. The size of the consumer Sunk to a third flat moon mainly due to concerns about the future.
“We still look at the price patterns of gold, as it is still closed to tariffs,” Analysts in the RBC capital markets wrote on Thursday research notes – while adding Recently inflation was slightly cooledTariffs threaten by sending prices higher. “Total uncertainty and chaos are also very supportive factors of gold.”