Gold is above $ 3000 for the first time

Gold exceeded, on Friday, the level of $ 3000 an ounce for the first time, as it prompted the uncertainty about American customs duties and fears of trade tensions prices to rise, as well as increasing expectations for the reduction of monetary policy by the Federal Reserve.

The instant gold price rose 0.50% to $ 3002.72 an ounce.

Gold is also preparing to record a second weekly height in a row, achieving 2.5% gains so far.

American gold futures increased by 0.72% to $ 3012.90.