Price of gold explodes for the first time amid Trump’s tariff

The price of gold first surpassed the $ 3,000 mark on Friday, 15, driven by increasing demand for assets considered safe in a context of instability in international markets.

The appreciation occurred amid the economic uncertainties associated with the tariff policy adopted by the United States government.

During the session, the gold in cash reached a record value of US $ 3,004.86. After the peak, the price retreated 0.2% and was quoted at US $ 2,981.42, with investors making profits after the strong appreciation.

According to market analysts, the discharge was influenced by a movement of investors in search of protection in the face of the volatility scenario. “Beef investors sought the best asset safe given Trump’s riot in action markets,” said Tai Wong, an independent metal operator.

The demand for metal has also been driven by purchases made by central banks. China, the main global gold acquirer, increased its reserves for the fourth consecutive month in February, according to sector data.

“Central banks continue with record gold acquisitions, seeking diversifying an increasingly volatile dollar,” said David Russell, executive president of Goldcore.

The metal records accumulated appreciation of approximately 14% since the beginning of the year. Part of this movement is attributed to commercial tensions and protectionist policies adopted by the US government, which have impacted by global stock markets.

Traditionally associated with value preservation in periods of geopolitical and economic uncertainty, gold has been used by investors as an instrument of protection against oscillations in risk assets. Raising demand reflects the perception of increased systemic risks and loss of confidence in other forms of investment.

In the current context, the behavior of financial markets has been marked by risk aversion movements, reducing exposure in actions and migration to more stable assets such as gold, sovereign titles and strong currencies.

The tariff policy implemented by the United States government has been pointed out by analysts as a central factor in deteriorating the global economic environment. The adoption of protectionist measures has caused adjustments to international supply chains and contributed to the retraction of activity in exporting sectors.

The impact of tariffs has also been observed in the performance of the main stock rates. Volatility in markets has motivated investors to adopt more conservative positions, reinforcing the valorization of assets at lower risk.

The search for diversification by central banks has also contributed to sustaining gold prices at high levels. Monetary institutions have expanded metal participation in international reserves as a strategy to mitigate exchange exposure and reduce dollar dependence.

The prospects for the gold market is still linked to the evolution of the macroeconomic scenario. The continuity of commercial tensions, the response of central banks to inflationary dynamics and the effects on global growth are factors that should influence the trajectory of metal in the coming months.

Analysts from financial institutions point out that, although the price has surpassed a historical level, the movement may not indicate a prolonged cycle of appreciation if there is reversal of the pressures that motivated the recent discharge.

The market also follows the signs of monetary authorities on interest rate adjustments and currency policies. The appreciation of gold, according to experts, tends to maintain themselves while the factors of instability and uncertainty persist in global markets.

The closing of the week was marked by the continuity of investors’ attention to the behavior of the metal and the reaction of other assets. The volume of negotiations is expected to remain high in the coming days, focusing on evaluating the developments of the United States trade policy and its effects on global economic performance.

To date, there have been no official demonstrations of the US government on the impacts of the appreciation of gold. The White House also did not comment on the market criticism about the effects of tariff policy on capital flows and the performance of scholarships.

The metal market continues to operate under the strong influence of geopolitical factors and economic decisions adopted by large economies. Gold performance remains one of the main indicators of the perception of risk and the confidence of financial agents regarding the stability of international markets.

With information from Reuters