Gold prices increased to a historical maximum on Friday, fed by the growing fear of an economic recession and growing tensions about tariffs between the United States and China.
AS O 00:39 GMT, Spot Gold increased by 1% to $ 3,205.53 per ounce. At the beginning of the session, the precious metal reached a historical peak of $ 3,217.43, registering weekly profits or around 5%.
Meanwhile, US gold futures rose 1.5% to $ 3,226.50 per ounce.
On Wednesday, the president of the United States, Donald Trump, announced the suspension of the main rates previously imposed on countries, while the simultaneous raises tariffs on Chinese imports from 104% to 125%.
The data published in Thorsday showed an unexpected decrease in the US Consumer Price Index (IPC).
After economic data, merchants are committed to the federal curriculum resuming the interest rate of the interest rate in early June, with the prices of markets in the possibility of a total percentage point reduction by the end of the year.
Gold, traditionally seen as a safe ASSE of polycious and economic uncertainty and growing inflation, has gained more than 21% so far this year.
Among other precious metals, the spot silver increased 0.3% to $ 31.28 per ounce, platinum increased 0.1% to $ 938.35, and the paladium increased 0.8% to $ 915.75.
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