The stability of gold prices, amid investor expelling Trump customs duties

Prices settled gold Today, Tuesday, with the anticipation of the markets for the developments of the American commercial escalation, amid a balance between the demand for safe havens on the one hand, and the high returns of US treasury bonds on the other hand, which limited the yellow metal movement in global markets.

Gold without a clear direction … awaiting political decisiveness

By 06:12 am Greenwich time, I registered Gold prices Immediately a slight decrease of 0.1% to $ 3331.85 an ounceWhile US gold futures settled at $ 3341.80 For the ounce, according to Reuters.

This stable performance comes in a situation Global anticipation of the customs duties decisions announced by US President Donald TrumpWhich includes the imposition of 25% fees on imports from Japan and South KoreaThe implementation of its implementation will start on the first of August.

The demand for a safe haven retreats … and gold is awaiting

Despite the escalating trade tensions, analysts believe that Investors ’appetite for gold as a safe haven has not seen a significant rise yet. Clarify Tim WaterKCM market analyst, that::

“Traders are not concerned about Trump’s comments, and as the demand for gold is shrinking, the market appears to be awaiting a stronger price stimulus.”

Bond bond revenue restricts the movement of gold

One of the main factors that limit the rise of gold is High US treasury bonds revenueWhich makes gold a less attractive option compared to the principles of the returns.

It has settled The return of American bonds for 10 years near its highest levels in two weeksWhich raised from The cost of an alternative opportunity to possess goldAnd that does not generate any return.

Trump fees may complicate the Federal path

On the other hand, the new customs duties ignited Fears of inflationThis may confuse the US Federal Reserve Plans (the Central Bank) regarding Reducing interest rates. Investors are awaiting The minutes of the federal meeting for the month of JuneScheduled for tomorrow, Wednesday, as an indication of the direction of monetary policy in the coming stage.

Other precious metals: a variation in performance

Silver She settled at $ 36.75 an ounce.
Platinum Reduced 0.1% to $ 1368.93.
Phralatium It increased by 0.2% to record 1112.88 dollars.

Economic analysis: gold awaits the moment of decisiveness

The performance of gold in this period indicates A state of caution and anticipation in the global marketsWhere multiple factors intersect in its direction:

PoliticallyTrump’s customs escalation keeps markets in the event of tension.
economically: Inflation fears hinder interest cuts.
FinanciallyHigh bond returns restricting the demand for gold.

In light of these data, any sudden development, whether in the course of the trade war or in the policy of the American Federal A new wave of upward or declining moves.