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Gold Tops $4,100 on Trade Tension, Rate-Cut Hopes | Honolulu Star-Advertiser
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24 Articles
The demand for gold does not stop, in the midst of a more moderate tone of the president of the United States, Donald Trump, in his relations with China and the political, fiscal and economic uncertainty, as this Monday he again set a new historic peak. Being considered as an asset of refuge of value, the yellow metal gained 0.08 percent, to reach the 4,133.40 dollars the troy ounce.
Gold breaks $4,100 on US-China trade jitters, while silver hits all-time high
Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed US-China trade tensions and expectations of interest rate cuts, while silver also rose to an all-time high.
The futures of the gold, active refuge for antonomasia, have exceeded this Monday for the first time the threshold of 4,100 dollars (3,542.61 euros) just five days after having done the same with the 4,000 (3,456.20 euros) in account of the renewal of the commercial tensions between China and the United States.The price of the gold has reached a maximum intraday of 4,136.62 dollars (3,574.25 euros), which implies a revalorization of 3.4% regardi…
Gold tops $4,100 on trade tension, rate-cut hopes | Honolulu Star-Advertiser
Gold broke through $4,100 per ounce for the first time on Monday, hitting another record high on renewed U.S.-China trade tensions and expectations of U.S. interest rate cuts, while silver also rose to an all-time high.
$4,100 for a triple ounce.
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