On Wednesday, the price of the banking metal rose 1.2% to above $2,877 per ounce. Demand for gold is growing as major dealers rush to transport the metal to the United States before the possible imposition of tariffs. Rental rates for gold in London rose to 4.7%, while previously they were almost zero. This rate reflects the income that owners of bullion in London vaults can receive by providing their metal for short-term rental to other buyers. Spot gold rose 1% to $2,870.09 per ounce. Silver, platinum and palladium increased in price.
Source: https://glavcom.ua/world/world-economy/zoloto-vstanovilo-novij-istorichnij-maksimum-tsini-vse-cherez-mitnu-politiku-trampa-1043843.html
