Tariff policy can increase inflation in the US

Despite turning down today, world gold prices still maintain an upward trend due to concerns about global trade conflicts provided by US President Donald Trump's new tax regimes.

Gold price on February 12: Suddenly plummeted, buying price of gold pieces decreased by 1.3 million VND/tael photo 2
World gold price chart on December 2. (Photo: kitco.com)

Currently, gold is still affected by tariffs and statements by US Federal Reserve Chairman (FED) Jerome Powell.

US President Donald Trump's announcement of 25% tariffs on imported steel and aluminum, produced without exceptions or exemptions, has raised the stakes on conflicting trade stocks.

The FED Chairman said that the FED is in no hurry to cut interest rates when the economy is still strong and inflation is still above the target level of 2%.


🔥 GOLD SELL 2890 2892 🔥

✔️TP1: 2880
✔️TP2: 2870
✔️TP3: OPEN

🚫 SL: 2901