Reported 2 days ago
Gold futures in New York experienced significant volatility, retreating from intraday highs after the White House announced plans to clarify tariff policies on Swiss gold imports. Reports indicated that Swiss gold bars would not be exempt from a 39% tariff, creating confusion in the precious metals market and prompting a surge in trading activity. Experts highlighted that the tariffs could introduce new uncertainties into the U.S. gold market, impacting future contracts and deliveries.
Source: YAHOO