Gold weakened to the area of $2886 per troy ounce on Thursday (27/2) at the beginning of the European session, this was supported by the strengthening of the US dollar and rising Treasury yields.
Meanwhile, on Wednesday, US President Donald Trump said his administration would impose a 25% tariff on the EU, while a White House official later said the deadline for Canadian and Mexican tariffs remained March 4 and Trump had not decided whether to grant another extension.
This is still a factor in the increase in this Precious Metal in the long term.
The price of gold when this news was released was at the level of $2886/ Toz.
Source: Newsmaker.id
