Money and business

With the decline in the dollar .. gold prices continue to rise for the second day

Gold futures prices continued to rise for the second consecutive day in Tuesday’s trading, with fears of slowdown due to the new customs duties that the United States began to apply to its imports from Canada, Mexico and China, and the three countries responded with anti -American products.
The state of ambiguity surrounding the possibility of ending the war between Ukraine and Russia and the indicators of the US economy weakened the attractiveness of the yellow metal as an investment haven.

The dollar fell against the main currencies

In the exchange market, the dollar value index fell against the main currencies by about 0.8% to 105.88 points.
Gold ended trading today, an increase of 19.30 dollars, or 0.67% to $ 2909.609, an ounce of delivery this month.

Silver height and retreat of copper

The silver price increased by 0.076 dollars, or 0.25% to 32.38 dollars, an ounce of the delivery of this month. The price of copper decreased by 0465.0 dollars, or 1.2% to $ 5300.500 for the delivery of the current month.
In response to the entry of American drawings by 25% on Mexican and Canadian goods into implementation today, Claudia Shinbom, President of Mexico, announced her country’s willingness to announce counter -measures.
China also announced the imposition of 15% fees on its imports of poultry, wheat, cotton and American corn, and 10% fees on meat, dairy products and soybeans as of March 10.

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