The tariff of US President Donald Trump – some of which are threatened, and others – have sent global markets to a current, which prompted several currencies.

But some things have become more expensive, especially on groceries.

For those who visit the Jawaheri, gold.

With Trump’s tariff by 25 percent on steel and aluminum imports that reach this week, we look at the reason for the high price of the yellow metal in recent days, and why its value rises during periods of uncertainty, and whether some other assets also benefit from Trump chaos.

What happened to the price of gold?

After Trump’s economic movements and rhetoric, gold rose to a record level. Exports say this indicates the desire to obtain a safe origin.

On Monday, gold broke over $ 2900 an ounce for the first time. Tuesday’s gains extended to a new peak above $ 2,942 an ounce.

Gold rose 0.3 percent to $ 2,916.37 an ounce, as of 07:01 GMT after its previous arrival to $ 2,942.70.

Why is gold a safe origin?

People were trading or using gold as a currency for thousands of years, and investors considered it a safe haven during times of uncertainty.

Unlike money, which can decrease in value due to inflation or excessive printing, gold tends to keep its value over time because it is a rare supplier used in concrete things. Also, unlike the currencies of the country, they are useless globally.

“Gold is one of the very liquid assets, and it is not the responsibility of anyone, does not hold any credit risks, and it is rare, and historically maintains its value over time,” the World Gold Council (WGC) indicates.

When did the price of gold rise in the past?

History contributes to the public perception that gold is one of the safe origins.

In early 2008, when gold prices exceeded $ 1,000 an ounce for the first time, the housing crisis in the United States was struck. Gold prices fell shortly before stability and then began to climb. By September 2011, gold reached the highest level of about 1900 dollars an ounce, as the world wrestled with the effects of financial collapse.

Recently, Russia’s full invasion of Ukraine In February 2022, he created uncertainty in global markets – which contributes to high oil prices and basic commodities – increasing the expansion of inflation concerns. By March of that year, gold prices rose to $ 2070 an ounce, from $ 1910 in the previous month.

What is the trigger this time?

Trump Signature ads Late on Monday, a 25 percent tariff for steel from all countries, and raising definitions on aluminum to 25 percent of its previous rate of 10 percent.

It also abolished the tariff exceptions on products that use both minerals, as well as the exceptions of the country and the quotas deals.

The United States imported about $ 49 billion of steel and aluminum in 2024, according to government data.

“Our nation requires solid and aluminum in America, not in foreign lands. Trump said:” We need to create to protect the future of our country, “he said, echoing the language he used against Canada and the formerly neighboring Mexico, in his threats to impose a tariff on imports from these countries.

While the steel and aluminum tariff will be applied to Canada and Mexico – the main suppliers of these goods – Trump at the present time, stop temporary plans to impose a 25 percent wider tariff on all imports of these two neighboring. However, 10 percent of the customs tariff imposed on Chinese imports.

It is time for our great industries to return to America. We want them to return to America. This is the first among many. “

Where does the United States get steel and aluminum?

According to the American International Trade Department, the largest steel supplier of the United States is Canada – the largest exporter of aluminum – followed by Mexico, Brazil, South Korea, Germany and Japan.

Among the main suppliers of aluminum, the United Arab Emirates, South Korea and China.

The United States imports nearly a quarter of the steel it uses.

How did the world respond?

Countries and experts pointed to the economic fluctuations caused by Trump’s actions and words.

On the sidelines of the Summit of Artificial Intelligence (AI) in Paris, Canadian Prime Minister Justin Trudeau The definitions are called “completely unjustified”.

“We are the closest ally of the United States. Our economies are compact. He said that Canadian and aluminum steel is used in a number of major American industries, whether defense, shipbuilding, manufacturing, energy, and cars,” adding that Canada’s response will be “constant and clear.”

“We will defend Canadian workers.” We will defend Canadian industries. “

Asia and, anxiety. China has returned to the previous Trump tariff by adding a set of American imports, including coal and raw oil.

Katrina Yu of the island, which was reported by Beijing, says these Chinese definitions are a warning to Washington.

Gabriel Wildo, First Vice President of the Consulting Company for Global Business, TENEO, He said Al Jazeera These recent definitions will not start in the trade war, but it is a step in this direction.

He said: “It is certain that the trading partners in the United States in Europe and Asia are lacking, but this revenge is likely to take a relatively narrow sectoral tariff,” he said.

What other economic changes have occurred?

Fears that Trump’s tariff, along with tax cuts and the abolition of organizational restrictions, will indicate inflation and forcing the US Federal Reserve to maintain the high interest rates have sent the dollar against most of its peers.

The shares in Chinese steel makers decreased between 0.145 percent and 2.62 percent, while future contracts in iron ore, the main steel industry component, may erase early gains for trading with lower concerns related to tariffs that outperformed weather disorders associated with Australia.

Asian markets struggled on Tuesday while merchants monitored the next Donald Trump movements.