Investors flow on gold funds as fears of Trump’s tariff

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Investors have been pouring money in gold funds as soon as possible since the Covid-19 pandemic, amid increasing concerns about the economic impact of the tariff war for US President Donald Trump.

gold I reached a record worth $ 3,148.88 an ounce on Tuesday, and won this year’s gains to 19 percent – including the strongest quarterly performance since 1986 – as part of a broader journey to the origins of a haven such as the American Treasury and Criticism.

Investors are preparing for the new Trump new Trump DefinitionsAnd, which is scheduled to be announced on Wednesday, a day called “Tahrir Day”. Many economists are afraid that this step will be achieved from global growth, which leads to the search for safe assets.

“Inspection is one of the main factors that led to renewed interest in gold,” said Krishan Jobol, chief analyst at the World Gold Council, an industrial body. “There is a general feeling of risks in the market at the present time.”

Amid fears of a global trade war, investors poured more than $ 19.2 billion in gold-backed exchange funds during the first quarter of this year-the largest flow of dollars since the epidemic, according to accounts from Standard Charterd.

The amount of money in the governor of investors – which is seen as a measure of caution – jumped from the largest monthly amount in five years, according to the authority of the Fund Director conducted by Bank of America.

US Treasury bonds also made gains in the period before the declaration of customs tariffs, as investors seek to protect themselves from more fluctuations and hedges against the risks to the American economy.

Treasury revenues decreased for ten years, which are inversely transmitted to prices, to less than 4.14 percent on Tuesday-no more than the lowest level per year.

The return was sent to German factors, which are seen as the origin of Haven Reozone, to the highest sharply up in the past month, as the country planned to lead huge spending, but it fell to less than 2.7 percent this week for the first time since early March.

“As the local United States, which is likely to reveal behind the tariff headlines, slows down government bonds (like) attractive risk discounts at this stage,” said Sunil Krishnan, the head of the multiple assets at Aviva Investors. “It is difficult to add gold, given the strength of this step.”

The purchase of the central bank has been the main driver of gold purchases in recent years, but the recent increase in ETF golden flows highlights how fears of the economy and stock markets have been drawn in a wide range of investors as part of the search for Haven’s assets.

“Emotions in the investment funds circulating in the circulating investment funds have been the most prominent transformation in gold dynamics in recent weeks,” said Suki Cooper, the precious metal analyst in Stanchart. She said that the expectations for low returns on other assets, as well as fears that the customs tariff can reach inflation and growth, helped fuel the recent flows.

Acute alloys Gather in recent months Several banks have prompted an increase in gold prices, including Macquarie, which now expects to touch $ 3500 this year.

The concerns of customs tariffs also prompted a significant increase in material gold bars Transfer to New YorkAs stock on Comex reached record levels, although this flow has recently started to slow down.

In Wall Street, the defensive stocks seen as less exposed to economic growth flourished. Healthcare shares such as UNITEDHELHELTH and HCA Healthcare increased by more than 10 percent over the past month, while the broader S&P 500 index fell about 6 percent.