The "gold fever”? The precious metal runs at the start of the week with prices soaring to 1326.84 dollars an ounce, getting ever closer to the high of the last 10 months.
A performance that becomes even more significant if we take into account the fact that, in the last two years, the price of gold has struggled to break through the $1.300 level, reaching a low of $1.189 an ounce last August.
The parallel also contributes to pushing up the prices of gold depreciation of the dollar caused by signs of relaxation on the ongoing negotiations between the United States and China on international trade.
Le tariff negotiations they will resume tonight after the American president, Donald Trump, described the latest talks as "very fruitful", confirming the words of his Chinese counterpart, Xi Jimping who had closed the round of meetings in Beijing speaking of "important progress". According to analysts, the most realistic hypothesis is that the two parties decide to postpone the expiration of the truce, to date set for next 1 March, in order to buy time to continue the negotiations.
Also affecting the performance of gold is the disappearance of the danger relating to a second shutdown and accommodating signals from the Federal Reserve and the European Central Bank which, given the slowdown in the economy, could decide to put the brakes on the rate hike policy.
