Chaos in Bullion Market Due to Tariff Uncertainty on Gold Bars

Reported 2 days ago

Gold futures prices surged following reports that President Trump imposed tariffs on Swiss gold bars, causing volatility in the bullion market. Prices briefly hit $3,500 per troy ounce before paring gains to around $3,450, amid news of a potential executive order clarifying that no tariffs would be applied. The uncertainty has also positively affected gold mining stocks, highlighting the crucial role of Swiss gold in international trade.

Source: YAHOO

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