#BTCRebound
In the latest development, China has raised import tariffs on American goods to 125%, in response to U.S. President Donald Trump's decision to increase tariffs on Chinese goods to 145% previously.
As instability escalates, gold - considered a safe haven - is becoming the preferred choice for Chinese investors.
Rising demand in the "billion-people country" has contributed to the global increase in gold, pushing the benchmark price - set at the London exchange - to recover after a slight adjustment earlier in the week, surpassing the 3,200 USD/ounce mark and reaching a new record at 3,244 USD/ounce in Friday's session.
Share my holding position
SUIUSDT
5X
-31.00%
Entry
2.1856
Latest
2.3306
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
