Gold prices rise despite the optimism of the markets by an American -European trade agreement
Gold prices recorded a rise during European trading today, Wednesday, to reach the near level of $ 3320 an ounce, recovering some of its losses after a decline exceeding 1% during yesterday’s session. “Fxstreet”.
in a post on a platform "Truth Social"US President Donald Trump expressed his satisfaction with the decision to impose customs duties by 50% on products from the European Union, stressing that the Union is moving seriously towards negotiation. Trump wrote :
"I was very satisfied with allocating customs tariffs by 50% to the European Union, especially after they slowed down the conversations. It has now been informed that the European Union is seeking quickly to determine the dates of meetings. This is a positive development and I hope it is really achieved."
This development is seen as a positive factor for the global economy, as the United States and the European Union represent a large percentage of global trade. In the future. /> Technically, the dollar’s height is a negative factor on gold prices, as it increases the cost of buying metal for investors around the world. Today at 18:00 GMT. The same time is an increased risk of inflation and unemployment. Consumers on inflation. American. To end the war. Dollar. Currently. Dollar .
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