The price of gold fluctuated greatly after President Trump made new rules about buying metal from other countries. Gold reached its highest price ever, at $2,942 for a small piece, but then it dropped back down.
Trump told everyone on Monday that starting in March, companies must pay more money to bring steel and aluminum into America. He thinks this will help American companies make more metal and give more jobs to Americans. He even said these extra costs might become bigger later.
People really want gold this year. Its price has gone up by 11 percent because Trump keeps making big changes that make people worried about their money. When people feel unsure about what will happen, they often buy gold to keep their money safe.
People...