Gold price reaches record high – diepresse.com

The Gold price achieved after US President Donald Trump’s customs announcement A new record high. The price for a troy ounce initially increases to $ 3157.23. « The retaliation tariffs are much more aggressive than expected, » says the independent metal dealer Tai Wong. « The prospects for gold are excellent here, with $ 3200 as a new short -term goal. »

However, the Japanese stock index Nikkei broke up by more than four percent in early trade on Thursday. The index fell to an eight-month low after US President Donald Trump announced a number of counter-tariffs, including a customs load of 24 percent on Japanese goods. The Nikkei fell by up to 4.6 percent in early trade and fell to 34,102.00 points for the first time since August 7. The broader Topix lost up to 4.3 percent.

225 companies are 217 in the minus

Just 20 minutes after the start of the trade, the 225 companies in Nikkei 217 were in the minus, while only eight winnings recorded. Among the 33 industry groups of the Tokyo Stock Exchange, the banks received the worst rating with a minus of six percent. A severe decline in bonds at home and abroad darkened the prospects for income from loans and investments.

The subindex of the stock exchange for automobile manufacturers fell by 3.3 percent, since additional tariffs are to enter the USA in the course of Thursday. The shares of the large Japanese car manufacturers also slipped deep into the basement after the bad news from the USA: Toyota fell by six percent, Nissan by 6.3 percent and Honda by 4.8 percent. (APA/Reuters)