With the decline in the dollar … the rise in gold prices two days after the decline

Gold futures prices increased during Tuesday’s trading, with the dollar declining to its lowest levels in months, in light of the increasing fears of the stagnation of the American economy that led to a sharp decline in US stock prices and an increase in investors’ demand for yellow metal as an investment.
Tensions between the United States and Canada increased after US President Donald Trump announced that he would double the customs duties established on steel and aluminum imports from Canada to 50%; In response to the increase in the decision of the Canadian region of Ontario imposing 25% fees on electricity exports to the United States.
Trump also threatened to impose higher customs duties on Canadian car imports.

The dollar is to its lowest levels

In the exchange market, the dollar fell to its lowest level in 5 months, and the value of the dollar value reached 103.25 points, retreating by 0.6% from its level yesterday, which contributed to the high price of gold.
Gold ended trading on Tuesday, an increase of 21.90.90 dollars, or 0.76% to 290.90 dollars, an ounce of delivery this month.

Height of silver and copper

The silver price increased by $ 613, or 1.9%, to 32.388 dollars, an ounce of delivery this month.
The price of copper also increased by 0910.0, or approximately 2% to $ 7305, a pound of delivery this month.