A significant rally characterized the gold exchange rate due to the escalation of the commercial war Investors are interested in reliable instruments after introducing new import duties on Donald Trump Mexico. Because of the instability caused by the commercial war, it increased demand for the Japanese yen, which is gaining hand in hand with gold. ETF funds increase demand for gold The price of gold continues to be in the overbought range of RSI.
The gold exchange rate began to test the previous technical peak.