Gold declines with dollar rise amid concerns about Trump’s customs duties plans

Gold prices have fallen on Wednesday as the US dollar rises, but market dealers are preparing for comprehensive plans for the duties of US President Donald Trump mutual rituals, which are in fear of high inflation and economic growth.

Instant gold prices fell 0.1 percent to $ 3017.49 per 05:35 GMT. US Gold Futures fell 0.2 percent to 21 3021.30.

“Onda “‘s Asia’s Asia Pacific region has emphasized the power prices of the US dollar,” How to apply the duty of mutual rituals on April 2, “said the” how to apply prices in the inverse range “of how to apply prices in the inverse range”

Trump’s customs policies are likely to increase, which slows down economic growth and increase trade tensions.

“There are real concerns about American economic growth, as well as inflation”, expert Sony Kumari said: “There are real concerns about American economic growth, as well as inflation. ”

In March, American consumer confidence has declined to its lowest level for more than 4 years, causing families’s depression and high inflation fears caused by customs tariffs. Gold, which has declined geographical political and economic fluctuations, has increased by 15 percent so far this year, and on March 20, the highest level was recorded at 5 3057.21.

Many Federal Reserve officials will be speaking the next day. Markets are looking forward to personal utility expenses on Friday to obtain indicators on monetary policy.

“We hope that gold will reach 200 3,200 by September,” said En Zd’s Kumari said that any tough comment from “Federal Reserve” could be a factor to slow down the height of gold.

In another case, on Tuesday, the United States stopped their maritime attacks with Ukraine and Russia and signed agreements to target fuel targets; Washington has agreed to lift some sanctions imposed on Moscow.

The instant silver prices fell 0.5 percent to $ 33.57 per version and Platinum lost 0.5 per cent to $ 971.35. Palladium fell 0.5 percent to $ 951.23.