Gold fell to $3,463 after hitting a record $3,530 as the White House announced plans to clarify bullion tariff rules
Description
Gold lost altitude fast. After Thursday’s record close at $3,491, futures eased to $3,530 on Friday. The move followed a White House line about an executive order to “clarify misinformation” on tariffs for gold bars and specialty products, as a White House official told CNBC. Crypto people get it: one policy hint and the tape twitches. The Swiss Precious Metals Association warned U.S. tariffs “may negatively impact the international flow of physical gold.” Its president, Christoph Wild, said : “...
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