Global gold prices rose slightly after falling in the previous session as a result of profit-taking operations, as investors assessed the impact of the new US tariffs imposed, and awaited the US-Iranian talks scheduled for later this week.
Gold prices today
– 24 karat records 7977 pounds
– 21 caliber costs 6980 pounds
– 18 karat, costs 5982 pounds
– The gold pound is 55,840 pounds
Gold’s rise today comes after it witnessed a decline yesterday due to profit-taking sales, after recording the highest level in 3 weeks at $5,250 per ounce, but the price managed to remain above the level of $5,100 per ounce, which pushed it to rise again at the beginning of today’s session, according to Gold Billion’s technical analysis.
On Tuesday, the United States began imposing a new temporary global tariff of 10% on imports, but a White House official stated that Washington was seeking to raise it to 15%, which sparked a state of confusion about Trump’s tariff policies, which affected gold.
This tariff action followed a US Supreme Court decision last week that invalidated sweeping tariffs previously imposed under emergency powers, prompting Washington to reimpose the duties under an alternative legal basis.
