he website "Hua Seng Heng" analyzed the overall movement in the past. The price of gold has increased due to concerns about the trade war after Trump used the measure of imposing a 25% tariff on steel and aluminum imported into the United States, while copyright and the European Union (EU) responded by imposing tariffs on imported goods from the United States. Investors expect the tariffs to push up inflation. Gold prices were also supported by a slower-than-expected decline in the consumer price index (CPI), with the February CPI up 2.8% year-on-year. SPDR Gold Fund bought 3.44 tons of gold.
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