Reported 1 day ago
New tariffs on gold bars have caused confusion among buyers, with a 39% levy specifically targeting 1-kilogram and 100-ounce bars, while 1-ounce bars, like those sold by Costco, appear to be exempt. Costco sells Swiss-made 1-ounce gold bars online to its members, but the recent tariff announcement has left prospective buyers uncertain. Experts suggest that until more clarification is provided, it may be best for investors to hold off on buying or selling gold.
Source: YAHOO