Express
Trump: No Tariffs on Gold
Summary: In a surprising move, President Trump stated on Monday that there will be no tariffs imposed on gold, following a federal ruling that caused chaos in the global gold market. After Trump's announcement, gold futures on the New York Mercantile Exchange remained largely unchanged, while spot gold regained some lost ground, although still down over ...
In a surprising move, President Trump stated on Monday that there will be no tariffs imposed on gold, following a federal ruling that caused chaos in the global gold market. After Trump's announcement, gold futures on the New York Mercantile Exchange remained largely unchanged, while spot gold regained some lost ground, although still down over 1% for the day. As of Monday afternoon local time, no official new policies had been released by U.S. authorities.
