Gold prices fell after extending the exemption from US customs duties

Gold prices fell today, Monday, after US President Donald Trump announced progress in several trade agreements, and extended exemptions Customs duties to several countries, which led to a reduction in the demand for yellow metal as a safe haven. Gold futures decreased in the United States by 0.8% to reach 3,315.70 dollars. Sunday that the United States is close to completing several Commercial agreements in the coming days, and other countries will notify the value of the new customs definitions by July 9, and the new rates are scheduled to enter into force on the first of August." target ="_Blank"> Additional fees of up to 50%. Then he postponed the date of enforcement of these definitions, with the exception of 10% of them to July 9.

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