The gold market was plunged into turmoil on Friday after Donald Trump unveiled a dovish new Federal Reserve governor and slew of new tariffs including hefty duties on kilo gold bars from Switzerland.
US gold futures hit a historic high on Friday after the Financial Times reported that the Trump administration had imposed tariffs on imports of one-kilo gold bars. Futures traded on the Comex, the ...
A Trump administration ruling that gold bars will be subject to tariffs stunned traders who had assumed they would be exempted, throwing bullion markets into turmoil. Futures in New York, which are ...
The Customs Border Protection agency's July 31 ruling places one-kilo and 100-ounce gold bars under a customs code that carries levies, reported the Financial Times. This decision contradicts the ...
The first casualty of a hefty 39-percent tariff on Swiss imports into the United States may be gold refining, after it emerged that certain gold bars could face the levy. The price of gold on the US ...
A US move to put tariffs on imports of gold bars is unleashing fresh turmoil in the bullion market, with prices spiking in New York as dealers brace for a major reordering of global trade flows. US ...
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