Yesterday, President Trump said he would announce a tariff measure on imported cars. This caused tension in the market, and gold remained strong. However, the rise in U.S. long-term interest rates limited gold’s upward movement.
As the mutual tariff activation date on April 2 approaches, market uncertainty is increasing. Because of this, gold prices may continue to move up and down without a clear direction for a while. However, when the market is uncertain, more investors tend to buy gold, so gold is expected to stay strong in the long term.
Gold-Dollar Expected Range: 3035 – 3000
Note: This information does not guarantee profits. Make your own decisions before trading.