Gold declining in instant transactions 0.94% to 3103.22 dollars an ounce

In recent economic developments, Reuters reported today, Thursday, April 3, 2025, that gold prices have witnessed a remarkable decrease in immediate transactions by 0.94%.

This decline comes in the wake of the US administration’s decision to impose new customs definitions on a large number of countries, which raised fears of the escalation of trade tensions globally.

According to reports, these customs definitions come as part of US President Donald Trump’s economic policy aimed at protecting local industries, as the new fees included more than 180 countries, which resulted in igniting what was described as a possible “trade war”.

This decision directly affected the global markets, as gold futures recorded a decline of 0.5% to $ 3150 an ounce, after they had reached record levels at 3196 dollars earlier.

This decrease in gold prices is due to the uncertainty that prevails in the markets, as investors are awaiting the repercussions of these definitions on the global economy. Although gold is a traditional sanctuary in times of crisis, the pressures resulting from currency fluctuations and the high value of the US dollar have contributed to temporarily reducing its attractiveness.

Analysts also pointed out that the future directions of interest rates by the American Federal Reserve may play a decisive role in determining the gold path during the coming period.

In a related context, economic experts expressed their concern that these definitions will slow global economic growth, which may increase the demand for gold as a safe origin in the long term, despite the current decline.

The market remains in anticipation of reactions from the affected countries, which may include counter -procedures that may deepen the commercial crisis.

It is noteworthy that gold had witnessed strong altitudes during the year 2024, supported by factors such as geopolitical tensions and reducing interest rates, but the new American commercial policies cast a shadow over this momentum, which makes investors in a cautious state to follow up on the upcoming developments.