Gold records a new standard … The ounce exceeds $ 3,200

Gold prices have risen to the highest level ever, today, with the support of stagnation with an escalation of tension over customs duties between the United States and China.

By 00:39 GMT, gold rose in instant transactions 1% to $ 3205.53 an ounce.

The price reached its historical climax at 3217.43 dollars earlier in the session, and achieved gains exceeding 5% throughout the week.

And US gold futures for gold by 1.5 percent to $ 3226.50.

On Wednesday, US President Donald Trump announced the suspension of large customs duties imposed on dozens of countries, but raised fees on imports from China from 104 percent to 125 percent.

On Thursday, data showed a decrease in the US consumer price index in March, but the risk of inflation tends to rise after Trump’s decision to increase customs duties on China.

In the aftermath of the data, circulating that the US Central Bank will resume reducing interest rates in June and may reduce the main interest rate by a full percentage by the end of the year.

Gold, which is seen as a means of hedging times of political and economic uncertainty and inflation, increased by more than 21 percent this year.

As for other precious metals, silver in instant transactions rose 0.3 percent to $ 31.28 an ounce, platinum rose 0.1 to 938.35 dollars, and palladium increased 0.8, recording 915.75 dollars.