The gold price continues to a new record level as an effect of President Donald Trump's new tariff move. This morning, the price is now at 2,903 dollars per troy ounce (31 grams), which means an increase of 1.5 percent. Since the turn of the year, the increase is now 10 percent.
Gold is traditionally seen as a safe and defensive investment during market uncertainty. Among other things, China's central bank has now replenished its gold reserves in January, which is the third month in a row that this has happened.
