Gold in sight advanced after the reciprocal tariffs announced by Donald Trump increased the demand for refuge assets.
The metal rose 19% this year, continuing an impressive trajectory in 2024, as investors seek safety amid concerns about the global economy and the world order.
The gold rose up to 1%, reaching $ 3,143.39 per jaguar in late negotiations on Wednesday.
Copper retreated slightly after Trump’s announcement, as traders have been concerned that tariffs could damage demand and slow down economic growth.
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