Gold records a new feat

Tuesday 18 March 2025 – 09:19
As a result of the restoration of the Israeli bombing on the Gaza fragment, tensions in the Middle East rose more than $ 3017, as the investor fears of the US economy increased.
Bloomberg News reports that yellow metal has increased by 0.6 per cent in Asia’s trade after Israel announced that the war on Gaza was resumed; It destroys a fragile fight between the Palestinians and the Israelis for about two months.
At the US level, traders sought to absorb US retail data released yesterday, which showed less than the expectations of sales last month. Although statistics indicate weak costs for goods, there are no signs of sharp collapse, and the US Federal Reserve (Federal Bank) has not led to any change in the expectations of traders over tomorrow and Wednesday.
However, amid risk of increasing business wars welded by US President Donald Trump, corporations, investors and economists are still aware of consumer confidence and increasing financial pressure indicators.
Singapore’s time and five minutes, the prices of instant gold contracts rose by 0.5 per cent to $ 3014.60, while the dollar value Bloomberg index increased by 0.1 per cent. The prices of silver, platinum and poldiam also increased.